Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements about the importance of each competitive factor in determining companyto - company differences in branded sales volumes and market shares
Which of the following statements about the importance of each competitive factor in determining companytocompany differences in branded sales volumes and market shares in a particular geographic region is false?
Tiny crosscompany differences in competitive effort on a highly influential competitive factor like SQ ratings, the number of modelsstyles offered, and selling prices nearly always have a far bigger impact on company salesmarket share outcomes in a region than do large crosscompany differences in competitive effort on less influential competitive factors.
The closer to the allcompany regional average is a company's price or SQ rating or brand reputation or number of models and so on the smaller is the weightingimpact of that factor in accounting for why that company's regional unit salesmarket share is abovebelow the region's allcompany unit salesmarket share averages
Big SQ rating differences, big average wholesale price differences, and big differences in the number of modelsstyles offered in a region weigh heavily in accounting for companytocompany differences in branded pairs sold and market share in all four regions.
When a company's competitive effort on each of the relevant competitive factors in the wholesale or internet market segments for branded footwear approximates the allcompany averages in a region, then its resulting unit sales volumemarket share in those two segments will also approximate the region's allcompany salesmarket share averages.
As the spread between the company with the region's strongest competitive effort on a given competitive factor and the company with the region's weakest competitive effort becomes greater and greater, the stronger is the resulting impact of that competitive factor on the pairs soldmarket share outcomes of the various companies.
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