O-MY-U Once Had a Winning Team in Every College Sport

question 95

Multiple Choice

O-MY-U once had a winning team in every college sport, but athletes graduate and fortunes change. For the past four seasons, the school has only won five games. Hotels in the area that were consistently booked during winning seasons found themselves with vacancies, even with discounted prices. How would Michael Porter explain this?

• A) The focus strategy was imitated.
• B) Demand disappeared.
• C) The target segment lost its uniqueness.
• D) New firms subsegmented the industry.

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Definitions:

Normal Curve

A bell-shaped curve that represents the distribution of many types of naturally occurring data; synonymous with Gaussian distribution.

Normal Random Variable

A variable that is distributed in a way that fits the normal (Gaussian) distribution, characterized by its mean and standard deviation.

Mean

The average of a set of numerical values, calculated by adding them together and dividing by the number of values.

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values from the mean.