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Industry and Competitor Analysis

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is a group of firms producing a similar product or service, such as airlines, fitness drinks, furniture, or electronic games.

a)

competitors

b)

industry

c)

organization

2.

It is a detailed evaluation of a firm’s competitors.

a)

Group Analysis

b)

Industry Analysis

c)

Competitor analysis

3.

a business research that focuses on the potential of an industry.

a)

group analysis

b)

industry analysis

c)

competitor analysis

4.

He is the author of Five Forces Model

a)

Michelle Porter

b)

Michael Porter

c)

Mitch Parker

5.

The model that is composed of the forces that determine industry profitability.

a)

Organizational Business Model

b)

Five Forces Model

c)

Competitor Business Model

6.

the following are included in the competitive forces, which one is NOT?

a)

Suppliers

b)

Buyers

c)

Entrants

d)

Stakeholders

7.

The following determines the intensity of Rivalry Among Existing Firms, which one is NOT?

a)

Number and balance of competitors

b)

Degree of difference between products

c)

Growth rate of an industry

d)

Attractiveness of substitutes Supplier

8.

it can suppress the profitability of the industries from which they purchase by demanding price concessions or increases in quality

a)

Rivalry Among Existing Firms

b)

Bargaining Power of Suppliers

c)

Bargaining Power of Buyers

9.

a new firm can apply the five forces model to help determine whether it should enter an industry is by using the model to answer several key questions.

a)

false

b)

true

10.

The following are the barriers or threat of New Entrants, which one is NOT?

a)

Product differentiation

b)

Level of fixed costs

c)

Economies of Scale

d)

Capital requirements