Quiz Chapter-2-Mc-2 Which Of The Following Is True Of Growth Industries?

This study source was downloaded by 100000857300661 from CourseHero.com on 11-18-2022 03:28:00 GMT -06:00https://www.coursehero.com/file/18654867/quiz-chapter-2-MC-2/ Question11 /1 ptsWhichofthefollowingistrueofgrowthindustries?They increase prices because customers are more aware of the industry's product. They inhibit the development of distribution channels. They are characterized by low demands. They typically have high barriers to entry.Correct! They tend to be characterized by weak rivalry.Question21 /1 ptsWhichofthefollowingstatementsistrueaboutpotentialcompetitorsinanindustry? They usually have an absolute cost advantage over established companies. They are usually encouraged by established companies.Correct! They threaten the profitability of established companies. They find it easier to enter an industry when the entry barriers are high.They find it easier to enter an industry when established companies have economies of scale.Question31 /1 ptsMobilitybarriers: inhibit companies from shifting between suppliers for the raw materials.exclude the barriers to entry into a group and the barriers to exit from a companys existing group.This study source was downloaded by 100000857300661 from CourseHero.com on 11-18-2022 03:28:00 GMT -06:00https://www.coursehero.com/file/18654867/quiz-chapter-2-MC-2/Correct! inhibit the movement of companies between strategic groups in an industry. are factors that operate outside of an industry. allow industries to change their strategy and compete in that strategic group.Question41 /1 ptsWhichofthefollowingiscurrentlyanembryonicindustry? Wireless communications Biotechnology Personal computersCorrect! Nanotechnology Internet retailingQuestion51 /1 ptsWhichofthefollowingisNOTadeterminantoftheextentofrivalryamongestablishedcompanies? Demand conditionsCorrect! The power of