Comments:

 

Question 7.

Question :

The most sensible choice if one’s company cannot be the dominant player in its industry is to _____________.

 

Student Answer:

scale economies

 

differentiate product

 

exit

 

increase capital

 

Points Received:

0 of 1

 

Comments:

 

Question 8.

Question :

Companies that depend on just a few suppliers and have nowhere else to go for critical inputs are in a _______ position.

 

Student Answer:

strong

 

weak

 

moderate

 

commanding

 

Points Received:

1 of 1

 

Comments:

 

Question 9.

Question :

By value, Porter essentially meant _______.

 

Student Answer:

power

 

logistics

 

strength

 

profit

 

Points Received:

0 of 1

 

Comments:

 

Question 10.

Question :

__________ constrain the prices of industry’s products.

 

Student Answer:

New entrants

 

Existing rivals

 

Complementors

 

Substitutes

 

Points Received:

1 of 1

 

Comments: