31)) Which of the following factors usually is not a consideration involved with evaluating whether an industry presents a sufficiently attractive business opportunity?

Multiple Choice

constructing a strategic group map to assess the attractiveness of the competitive position of each strategic group to determine the overall attractiveness of all the strategic groups

using value chain analysis to determine the relative cost positions of rival firms and who is the industrys lowest-cost producer

determining which firms in the industry have a competitive advantage and how they attained their advantage

determining the industry outlook for future profitability

determining the overall strength of the five competitive forces

41))The most powerful of the five typical sources of competitive pressures is usually

Multiple Choice

the competitive pressures associated with the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.

the competitive pressures that stem from the ready availability of attractively priced substitute products.

the benefits that emerge from close collaboration with suppliers and the competitive pressures that such collaboration creates.

the bargaining power and leverage that large customers are able to exercise.

associated with the potential entry of new competitors.

44))The most powerful of the five competitive forces is usually the

Multiple Choice

competitive pressures that stem from the ready availability of attractively priced substitute products.

competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

competitive pressures that emerge from close collaboration with suppliers.

competitive pressures associated with the potential entry of new competitors.

competitive pressures from bargaining power and leverage that large customers are able to exercise.