The 2010 and 2012 Market Share Data of Three Competitors

question 43

Multiple Choice

The 2010 and 2012 market share data of three competitors (Alston, Baren, and Clemson) in an oligopolistic industry are presented in the following pie charts. Which of the following may be a false statement?

• A)Sales revenues declined at Clemson.
• B)Only Clemson lost market share.
• C)Alston gained market share.
• D)Baren gained market share.
• E)Both Alston and Baren gained market share

Recognize the importance of information in reducing supply chain uncertainty.

Analyze the impact of the product life cycle on strategic fit.

Identify the weaknesses of different strategic views within supply chain management.

Define the elements of scope of strategic fit.

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Definitions:

Niche Market

A specialized segment of the market for a particular kind of product or service with specific customer needs.

Business Plan

A document that outlines a company's goals, strategies, market analysis, financial projections, and operational structures.

Market Description

An overview or analysis of a specific market, including size, growth, trends, and demographics.

Change Management

The approach to transitioning individuals, teams, and organizations to a desired future state, managing the human aspects of change to achieve successful outcomes.