Review Sessions 1, 2, 3

A substitute product is one that is a direct competitor of ours.

• True

• False

What CPM stands for?

• Commerce Profile Matrix

• Competitive Professional Matrix

• Competitive Profile Matrix

• Commerce Professional Matrix

I have many different options for choosing a streaming service. This is an example of:

• Low customer's negotiation power

• Competitors rivalry

• High customer's negotiation power

• New competitors threat

I am the manufacturer of the first flying car widely available to the general market. This is an example of:

• New entrants' threat

• Low supplier's negotiation power

• High supplier's negotiation power

• Substitute's threat

The Macrobus is what in relation to Uber?

• New entrant's threat

• Substitute's threat

• Competitors Rivarly

In a CPM you compare your company against the 2 biggest companies in your industry

• False

• True

The Barnes and Noble bookstore will open its doors in Mexico next month. This is an example of:

• Supplier's Negotiation Power

• Customer's Negotiation Power

• Substitute's threat

• New entrant's threat

A Food Court in a shopping mall is an example of:

• New entrant's threat

• Substitute's threat

• Customer's negotiation power

• Competitors Rivalry