A Small-Scale Appliance Manufacturer Has Been Producing Goods for a Private

question 3

Multiple Choice

A small-scale appliance manufacturer has been producing goods for a private label company for 25 years.This manufacturer has no brand image,a small production facility,and scarce capital resources.The company has made several strategic attempts to increase market share and create a nationally branded appliance market presence.So far,it has been unsuccessful.Why is this most likely so?

• A) The appliance industry is not an attractive industry when it comes to existing firms.
• B) The company is limited by inter-group mobility barriers based on economies of scale and brand loyalty.
• C) The five forces analysis reflects that the appliance industry is very attractive.
• D) All of these.

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Definitions:

Standard Deviation

Standard Deviation measures the amount of variation or dispersion of a set of values, indicating how much the values in a dataset deviate from the mean.

Heights

The measurement of someone or something from base to top or head to foot.

Statistically Significant

An indication that the likelihood of the observed data, under the assumption of the null hypothesis, is low enough to reject the null hypothesis.

Electronic Control

The use of electronic systems to regulate the operation of mechanical devices, commonly found in automotive, industrial, and consumer appliance contexts.