Question 1 Based on the scenario below, provide only the calculated values in the space provided. Example: 0.1 or 0,1 format will be accepted (give only the answer - no calculations). The CEO of Sibanye-Stillwater (Mr Neal Froneman) contacta you and says that due to the competitiveness of the market he started to analyse the market to calculate the level of competitiveness so that he can determine which strategy he should follow to continue gaining a larger market share. He saw a video by Danny Abramovich on the manner in which one can analyse the market quantitatively. He already started with this analysis (table below), but he is now at a point where he does not know how to complete this analysis. He contacts you to complete the calculations in the last column of the table (a to e) - write only the value, for example 2.6 or 2,6 (ROUND OF TO ONE DECIMAL). LEVEL OF COMPETITIVENES COMPETITIVE FORCES GRADE WEIGHT WEIGHTED SCORE Barriers of entry 4 0.2 (a). (0.5 marks) Bargaining power of customers 5 0.4 (b). (0.5 marks) Bargaining power of suppliers 4 0.1 (c). (0.5 marks) Substitutes 7 0.3 (d). (0.5 marks) LEVEL OF COMPETITIVENESS (e) (0.5 marks)Question 2 Based on level of competitiveness you calculated in the previous question (question 13), you explain to the CEO that it means: O A. Sibanye-Stillwater operates in a fairly competitive market. O B. Federal Airlines is in a worse position to capitalize on opportunities in the external environment than other similar airlines. O C. Federal Airlines has a relative small market. O D. Sibanye-Stillwater has an above average competitive position in the market.Question 3 The CEO looks at the total weighted scores you have obtained for the individual items when you calculated the level of competitiveness. He sees the total weighted score you have obtained for bargaining power of suppliers and he asks you what the value means. You explain to him that it means: A. Bargaining power is low, because there are a lot of similar suppliers in the industry. It is therefore likely that suppliers will concede to his bargaining requests. B. Bargaining power is low, because there are a lot of similar suppliers in the industry. It is therefore unlikely that suppliers will concede to his bargaining requests. O C. Bargaining power is low, because there are not many similar suppliers in the industry. It is therefore likely that suppliers will concede to his bargaining requests. OD. Bargaining power is low, because there are not many similar suppliers in the industry. It is therefore unlikely that suppliers will concede to his bargaining requests