Competitive pressures from substitute products are strong

Assignment Help Operation Management
Reference no: EM131367077

Which of the following are among the primary factors that determine whether competitive pressures from substitute products are strong, moderate, or weak?

a) Whether substitutes are readily available and whether the costs that buyers incur in switching to the substitutes are low or high

b) Whether buyers view the substitutes as attractively priced in relation to their quality, performance, and other relevant attributes, and whether the substitutes target a small customer group or the mass market

c) Whether substitutes are readily available and whether the rate of innovation is fast or slow.

d) Whether substitutes are priced lower than competitive products and whether the buyer loyalty in the market is high or low

e) Whether the costs that buyers incur in switching to the substitutes are low or high and whether the substitutes target a small customer group or the mass market.

Reference no: EM131367077

Questions Cloud

Assume armando is accurate in forecasting : Armando is the revenue manager at the 500 room Toro hotel. Tonight he forecast 300 stay-over and 200 arrivals. Assume Armando is accurate in forecasting a 5% no-show rate. How many additional reservations could he accept before he would require to be..
When strong competitor concludes an industry : When a strong competitor concludes an industry is becoming less attractive, it may:
Consumer driven health plans : Consumer Driven Health Plans (CDHPs) were the wave of the future but have since fallen from favor. Supporters of consumer directed plans believed that if consumers had a greater financial stake in their health care, they would fix the system by makin..
Company with strong prospects for attractive profits : Which of the following is NOT an important factor in determining if an industry presents the company with strong prospects for attractive profits?
Competitive pressures from substitute products are strong : Which of the following are among the primary factors that determine whether competitive pressures from substitute products are strong, moderate, or weak?
What is jennifer current rooms available for sale : Jennifer is the revenue manager at 2,500 room hotel. For the next Friday the PMS shows 400 check-outs, 850 stay over, 250 transient arrivals and 100-room group block that begins a three-day stay on that day. What is Jennifer’s current rooms available..
Changed healthcare delivery on both macro and micro levels : Analyze how each has changed healthcare delivery on both the macro and micro levels. Provide specific examples of how both macro and micro impact /changes: Emerging health care reform, managed care, total quality improvement, intergrated health care ..
Benefit of good competitive intelligence : Which of the following is a benefit of good competitive intelligence
Allows customers to complete bank transactions : Willow Brook National Bank operates a drive-up teller window that allows customers to complete bank transactions without getting out of their cars. What is the mean or expected number of customers that will arrive in a five-minute period? Delays are ..

Reviews

Write a Review

Operation Management Questions & Answers

  Added for the new process to break even

How many patients would have to be added for the new process to break even?

  Describe a sole proprietorship and partnership

Post your response to the following focus questions: Describe a sole proprietorship and discuss its advantages and disadvantages. Describe a partnership and discuss its advantages and disadvantages. Describe a corporation and discuss its advantages a..

  In a project context-risk is defined as

In a project context, risk is defined as:

  Serving a relatively large and active legal research firm

There are four copying center/file rooms serving a relatively large and active legal research firm. One attendant staffs each service room. The average arrival rate and service rate are the same for each room and are as follows: Arrival rate = 10.9 a..

  Chinese applied for a position of a waitress

An American, a Russian and a Chinese applied for a position of a waitress in a Chinese restaurant in Houston. Although the American and Russian applicants had more years of work experience as waitresses and slightly better recommendations than the Ch..

  Should culture make a difference in how one negotiates

Should culture make a difference in how one negotiates? Why or why not? How does culture impact a negotiation or conflict? What strategies can a negotiator adopt when working with a differing cultural style?

  What is the shadow price for special sauce

Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. Develop a linear programming model that will tell Kilgor..

  Consolidate the service desks

Sharp Discounts Wholesale Club is considering consolidating its two service desks into one location, staffed by two clerks. The clerks will continue to work at the same individual speed of four minutes per customer. What is the probability of waiting..

  Should osha pursue other workplace hazards in this manner

Instead, it has been working with industry to develop voluntary guidelines, relying on the General Duty Clause for enforcement. Using your personal experience or information from research, comment on whether you think this has been effective or no..

  Design a high-performing supply chain organization

How does "Design a High-Performing Supply Chain Organization" apply to your current or previous workplace? Does it characterize the organization? Would a greater emphasis on Discipline 3 enhance the ability of the organization to achieve its performa..

  What is the reliability of the computer

The guidance system of a ship is controlled by a computer that has three major modules. In order for the computer to function properly, all three modules must function. Two of the modules have reliabilities of .91, and the other has a reliability ..

  Contrast social marketing and cause-related marketing

Give an example to compare and contrast social marketing and cause-related marketing. Why is cause-related marketing often successful?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd