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A list of questions and answers related to factors that weaken the rivalry among competing sellers, competitive pressures associated with the threat of entry, a competitive environment, supplier bargaining power, potential entrants, company managers' questions to predict the likely actions of important rivals, driving forces in an industry, market maneuvering for buyer patronage, strategic group, company's strategy, managerial commitment, frequently used strategic approaches, competitive advantage, sustainable competitive advantage, winning strategy, performance indicators, business model, ethical strategy, and present strategy evaluation. useful for students studying business strategy and competitive advantage.
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[Date] maneuvering and jockeying for buyer patronage among rival sellers in the industry
[Date] selection, added performance, value added services, more attractive styling, technological superiority, or some other attributes that set a company's product offering apart from those of rivals.
[Date] offerings of its rivals is durable, despite the competitors' efforts to nullify or overcome the appeal of its product offering
[Date]
[Date]
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[Date] for delivering a valuable product or service to customers in a manner that will generate revenues sufficient to cover costs and yield an attractive profit for shareholders while its strategy concerns the specific market positioning, competitive moves, and business approaches that management intends to employ to run the company and produce good business results
[Date] capabilities, offer the best prospects of growth and profitability, and present the most potential for achieving competitive advantage
[Date] weighted overall competitive strength rating - Correct answer enjoys a net competitive advantage vis-a-vis key rivals, with the size of its advantage being signaled by how much its overall competitive strength rating exceeds the overall competitive strength ratings of each of the other companies included in the assessment.
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[Date] unique and valuable resources/capabilities that are either (1) hard for rivals to duplicate or (2) hard for rivals to develop offsetting close substitute resources/capabilities