INDUSTRY ANALYSIS (18 points (2 points each): I point if force correct but strength incorrect; 2 if both correct.) While performing an analysis of the (ctional) "gadget" industry, ten students were asked to each identify an important fact or that affects the Five Forces of the industry. Assume that these factors (listed below) are indergndent of one another. Please circle the most relevant force that is affected by each factor, and circle the resulting strength of the force given the factor information. FACTOR AFFECTED FORCE STRENGTH (circle one) (circle 0 - Example: Gadget makers must receiv- Rivalry Supplier Buyer High government approval before selling their product. of Substitutes Power Power 1. Gadget makers can differentiate their products -at Threat Rivalry Supplier Buyer High Low based on R&D. of Entry of Substinrtes Power Power 2. Gadget industry products have been less Threat Threat Rivalry Supplier Buyer High Low expensive than products from other industries of Entry of Substitutes Power Power that serve similar functions. 3. Each of the customers of gadget makers Threat Threat Rivalry Supplier Buyer High Low represents a small portion of total gadget sales. of Entry of Substitutes Power Power 4.The initial fixed costs associated with RSKD for Threat Threat Rivalry Supplier Buyer High Low gadgets are substantial in comparison to the size of Entry of Substinrtes Power Power of the market. 5. Gadget makers could backwards integrate Threat Threat Rivalry Supplier Buyer High Low without much difficult . of En of Substitutes Power Power 6. Demand for gadgets has declined over the past Threat Threat Rivalry Supplier Buyer High Low few years. of Entry of Substitutes Power Power 7. Gadget industry suppliers have formed a Threat Threat Rivalry Supplier Buyer High Low cooperative marketing and distribution alliance. of Entry of Substitutes Power Power 3. Customers make specific investments in order Threat Threat Rivalry Supplier Buyer High Low to customize their gadget products and purchase of Entry of Substinrtes Power Power these from their gadget manufacturer. 9. Gadget industry products have outperformed Threat Threat Rivalry Supplier Buyer High Low products from other industries that serve of Entry of Substitutes Power Power similar functions