Determine the intensity of competition in an industry

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Reference no: EM131275664

1. Which of the following are strategic factors are often used in depicting strategic groups?

a. Image and Quality

b. Quality and Price

c. Distribution Access and Image

d. Market share and Image

2. Which of the following factor(s) determine the intensity of competition in an industry according to the industry perspective?

a. The number of sellers

b. The number of buyers

c. How well diferent organizations are able to meet customer's needs

d. The identification of strategic group

3. The most intense level of competition will be under situations of pure competition in which there is/are

a. one seller and a low degree of differentiation.

b. many selers and a high degree of differentiation.

c. many sellers and no degree of diferentiation.

d. few sellers and a low degree of differentiation.

Reference no: EM131275664

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