Consider how the Search Engine industry to what you know nowadays a) The substitutes become a considerable threat to the focal industry because they are imperfected b) The substitutes become a considerable threat to the focal industry because they are close to perfect substitutes c) There are no relevant changes in terms of substitutes d) All are correct What is an important part of competition based on differentiation? a) The product does not need to be unique but should appeal to the market b) The product needs to have unique qualities but should not appeal to the mass market c) The product needs to have unique qualities and should appeal to the mass market d) The uniqueness of the product is enough to win differentiation-based competition What Market failure did search engines solve? a) They guarantee sales b) They take you from the advertisement directly to the sales c) They provide better government spying d) They are more numerous than magazines In online retail monopoly people tend to choose amazon because a) It is cheaper than the other online retail stores b) Product quality on amazon is better than the other online retail stores. c) Even though amazon is a little expensive sometimes, other operations like return and free delivery make the purchase easy d) The other online retail stores don't carry the popular products In terms of recommendations to Tesla production and internal capability problems would you recommend a) Closing the company b) Acquiring a small car Manufacturing firm that is more experience with production c) Acquiring a firm dedicated to tablet screens to have larger screens d) All are correct. When analyzing the industry's direct competitors rivalry a. Having a small number of competitors increase the rivalry due to the similarity to oligopoly market structures b. Having a Jarge number of direct competitors increase the rivalry due to the similarity to perfect competition market structures c. When industries grow fast, the rivalry between competitors increases savagely due to each participants intention to conquer a more significant d. All are correct.