Which of the Following Is Particularly Pertinent in Evaluating Whether

question 86

Multiple Choice

Which of the following is particularly pertinent in evaluating whether an industry presents a sufficiently attractive business opportunity?

• A)the industry's growth potential, whether competition appears destined to become stronger or weaker, and whether the industry's overall profit prospects are above average, average, or below average
• B)an assessment of which firms in the industry have the best and worst competitive strategies, whether the number of strategic groups in the industry is increasing or decreasing, and whether economies of scale and experience curve effects are a key success factor
• C)whether there are more than five key success factors and more than five barriers to entry
• D)constructing a strategic group map and assessing the attractiveness of the competitive position of each strategic group
• E)whether the market leaders enjoy competitive advantages and how hard it is to develop a strongly differentiated product

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Definitions:

Cultural

Pertaining to the customs, arts, social institutions, and achievements of a particular nation, people, or other social group.

Survival

The state of continuing to live or exist, often despite hardship or danger.

Economic

Relating to the system that involves the production, distribution, and consumption of goods and services within a society.

Allocaregiving

This is the care and nurturing provided to children by individuals who are not their biological parents, emphasizing the role of communal child-rearing.