External environment: O, T and Industry competitors

8 important questions on External environment: O, T and Industry competitors

63. The technological segment of environmental analysis includes:

-institutions and activities involved in creating new knowledge and translating that knowledge into new outputs.user-select

user-select
- product innovation user-select
- application of knowledge user-select
-focus of private and gov-supported R^D expenditures user-select
- new communication technology

68. Because of threats and risks in the global environment, some firms choose to take a more cautious approach by:

focusing on global niche markets.

69. The concepts of user-selectguanxi and user-selectwa convey the general idea of:

interpersonal relationships.
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Sustainable physical environment segment

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    user-select
  • Energy consumption
  • user-select
  • Practices used to develop energy sources
  • user-select
  • Renewable energy efforts
  • user-select
  • Minimizing a firm's environmental footprint
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  • Availability of water as a resource
  • user-select
  • Producing environmentally friendly products
  • user-select
  • Reacting to natural or man·made disasters

77. New entrants to an industry are more likely when:

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    user-select
  • product differentiation in the industry is low
  • user-select
  • Expected competitor retaliation is low
  • user-select
  • gov policy are low
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    user-select
  • Customer product loyal is low user-select
  • user-select
  • capital requirement are low
  • user-select
  • switching cost are low
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    user-select
  • access to distribution channels is high
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    user-select
  • Economies of scale is high user-select
  • user-select
  • cost disadvantages independent of scale is low

Buyer are powerful when:

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    user-select
  • Switching cost are low user-select
  • user-select
  • ...

93. The highest amount a firm can charge for its products is MOST directly affected by:

The cost of substitute product

Threat of subs is high when:

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    user-select
  • the substitute product's price is lower than the industry product's price.
  • user-select
  • ...

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