Which of the Following Firms Would Likely Pose the Least

question 107

Multiple Choice

Which of the following firms would likely pose the least competitive threat?

• A) a firm in the same industry and in the same strategic group
• B) a competitor to your product where a high switching cost exists
• C) a firm that produces substitute goods to your product line
• D) a firm in the same industry and in the nearest strategic group looking to join your group

---

Definitions:

Resources

Assets, materials, or valuable items that individuals or organizations possess and can utilize to achieve specific goals or tasks.

Organizational Departments

Subdivisions within an organization, each with specific roles, responsibilities, and objectives, organized to streamline operations and achieve the organization's goals.

Variable Affects

Refers to influences that can cause changes in outcomes or conditions; these may vary depending on different factors or circumstances.

Vertical Distance

The measurement of space above or below a reference point, often used in geography or describing graph features.