Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given the following data from a Comparative Competitive Efforts page in the CIR: Your Industry Your Company UAV DRONE SEGMENT Company Average vs. Ind. Avg.
Given the following data from a Comparative Competitive Efforts page in the CIR: Your Industry Your Company UAV DRONE SEGMENT Company Average vs. Ind. Avg. Price (average direct sale $ per unit) $1, 190 $1,327 -10.3% Discount to Online Retailers 8% 11.9% -32.8% P/Q Rating (1 to 10 stars) 4.4 4.4 same Brand Reputation 82 75 +9.3% Number of Models 2 2.926 -31.6% Online Retailers 26 26 same Website Displays ($000s) 2,500 1,657 +50.9% Search Engine Advertising ($000s) 2,500 2, 104 +18.9% Retailer Recruitment ($ per unit) 246.48 128.07 +92.5% Warranty Period (days) 90 94 -4.3% Drone Unit Demand - Direct 54.4 37.9 +43.5% (000s) 3rd Party Retailers 7.1 11.1 -36.0% Total Demand 61.5 49.0 +25.5% Gained/Lost (due to stockouts-000s) +1.9 -0.2 UAV Drone Units Sold (000s) 63.4 48.8 +29.9% Market Share 18.5% 14.3% +4.2 pts Based on the above data for your company, which of the following statements is false? Copyright @ by Glo-Bus Software, Inc. Copying, distributing, or ard party website posting isexpressly prohibited and co s copyright violation. O Your company's price-based competitive advantage was a significant contributor to your company's sales volume and market share. O Your company's drone sales volume and market share were positively impacted by your company's P/Q rating and number of online retailers. O Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting drone sales and market share resulted in a net overall competitive advantage of a size that produced an above-average 18.5% market share for your company that was 4.2 percentage points above the industry average. O Your company's sales volume and market share were negatively impacted by your company's 2-model product line and percentage discount to 3rd party online retailers. O Your company's expenditures for retailer recruitment and website displays were your company's two biggest percentage competitive advantages
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started