Barney Hopkins Has Compiled a List of Things That Make

question 98

Multiple Choice

Barney Hopkins has compiled a list of things that make segments more attractive.Which one of the following items should NOT be on the list?

• A)few substitute products
• B)competition with superior resources
• C)financial resources
• D)relative power of buyers
• E)lack of powerful suppliers to control prices

---

Definitions:

Market Dominance

The degree to which a company, product, or entity has a significant control over or advantage in a particular market relative to its competitors.

Brand Competitors

Companies that offer similar products or services and compete in the same market segment for consumer attention and sales.

Malcolm Baldrige National Quality Award

An award given by the U.S. government to recognize U.S. organizations for their achievements in quality and performance excellence.

Discontinuous Objectives

Goals that require a significant shift or change in organizational strategy or behavior, often leading to transformative outcomes.