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Q: choices
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- Asap True or False: In a perfectly competitive market, firms have significant market power... Justify the following statements by giving appropriate reasoning. The phenomenon of Groupthink restrains a group’s performance, resulting in poor decision outcomes. An SBU that has a large share of a slow-growth market is dubbed as a “Cash Cow”.What are the possible threats to the real estate company? This is external to the real estate organization.What possible surprises that the real estate company may have as competition that currently doesn’t exist?
- Sustaining competitive advantage can be challenging. The entry of new competitors, the possibility of imitation, and the changes in the firm’s context can affect the firm’s profitability and, historically, have affected firms that had competitive advantage in very distinctive ways. For instance, Coke and Pepsi have sustained their market dominance for nearly a century. On the other hand, General Motors and Ford were hit hard by competition, in particular of foreign companies entering the market, and never fully recovered. What is different about the product/market situation in these cases that affects the sustainability of their competitive advantage? Which elements of the strategic landscape were responsible for Coke and Pepsi’s success and which elements were instrumental in GM and Ford losing an important share of the market?Your new company must plan for adaptability and alignment both internally and externally due to a crisis and other unexpected events, such as a mortgage crisis, a fire, IT system failure, loss of a major customer, loss of suppliers, union strikes, or terrorist attacks. How do you identify a crisis that Kibbles and Bits may experience, and explain how Kibbles and Bits would adapt and align in this crisis?Creative Thinking: TRIX CEREAL (Using Scamper tool to recognize business opportunities) Now we are going to do a scenario activity where you will get recognize business opportunities in a realworld simulation using SCAMPER tool. You are part of a marketing team for the small food company in Turlock, General Mills. Today, your team was given the following task The company wants to expand its market share, and coll-more cereal-but not necessarily as a food product. Therefore, the company now wants your team to generate as many possible alternative uses (besides as a breakfast cereal) for Trix cereal. Specifically, your boss has asked your team to present your ideas to the executive board, which will include prospective investors. Use the SCAMPER chart below to come up with ideas. Cereal website: http://generalmills.com/Brands/Cereals/Trix.aspx SCAMPER TRIX CEREAL S Substitute C Combine A Adapt M Modify/Magnify P Put to other use E Eliminate R Reverse/ Rearrange
- The Small-A Corporation is currently competing with a first mover which owns 90% of the market share. An aggressivemarketing strategy is expected to entice 10% of the competitor’s market share to shift to Small-A every month while theremaining 90% will not. As a new firm, Small-A expects 30% of his market share to shift back to the competitor everymonth. a. What would Small-A’s market share be after one month?b. What would the competitor’s share be after one month?c. What would Small-A’s market share be after two months?d. What would the competitor’s share be after two months?-Purchase decisions in the corporate market differ in many ways from purchasing decisions made in the consumer market.A purchase in the corporate market is often carried out as a process consisting of several steps, which involves severaldifferent individuals who must jointly come to a decision. The course book describes how the individuals who are part ofa decision-making unit assumes different roles during the buying process: initiator,users, influencers, decision makers, buyers, gatekeepers (Initiators, Users, Influencers, Deciders, Buyers,Gatekeepers). Which statement below does NOT agree with a decision-making entity?choose an alternativeA) The selling company should try to identify the different individuals in a decision making unit and adapttheir message to them and their specific needs.B) The same individual always takes on the same role in a decision-making unit, regardless of the type of purchasing decision.C) It can be difficult for a selling company to identify all the…Which of the following explanations for Walmart’s profitability is most likely true? Group of answer choices Walmart’s competitive advantage is derived from path dependance/historical conditions Walmart’s competitive advantage is derived from brand equity/customer perceptions All of the options are true Walmart operates in a very profitable industry
- Using all possible sources of information including the case, the Internet, and direct contact with heavy farm equipment machinery dealers, develop what you think the decision-making unit looks like for a heavy farm equipment machinery purchase, such as a tractor. Does its size depend on the size of the company or other factors? ExplainWhile preparing your business plan it has come to your attention that apossibility to secure the contract would be to bribe one of the officials at thefootball house. Discuss and apply the steps required for ethical decisionmaking in business. ??4. Using the following table, calculate the Expected Monetary Value (EMV), Expected Opportunity Loss (EOL), and Expected Value of Perfect Information (EVPI). Use the .50 for the probability of a Good Economy and .50 for the probability of a Poor Economy. Show your selections (highlight your best alternative). Show the work on an excel file. STATE OF NATURE DECISION ALTERNATIVE GOOD ECONOMY POOR ECONOMY Sotck market 80,000 -20,000 Bonds 30,000 20,000 CDs 23,000 23,000