Which one of the following is NOT a component of the competitive environment?Multiple choice question.Customers (buyers)Threat of new entrantsDemographic groupsRivalry among current competitorsSuppliersSubstitute and complementary products

The components of the competitive environment include rivalry among current competitors and the affect of new entrants, substitute and complementary products, suppliers, and ______.Multiple choice question.managementmarketingcustomersdivisions

A firm's competitive environment refers to all of the following except:Group of answer choicesthe plan a business develops to attract customerspotential new entrants to the marketthe presence of substitute productsother business selling similar products in the same marketspace

Which of the following factors is not a significant influence on a company's competitive environment?Group of answer choiceshow many competitors are activehow profitable competitors arethe availability of supportive organizational structureswhat the market share of each competitor is

4.Two determinants of competitive advantage are known as :  A. Target market and competition  B. Product and competition  C. Target market and distributors  D. Distributors and competition

Which of the following should an organization do in order to obtain a competitive advantage through superior innovation?Multiple Choiceset up a strong team to handle after-purchase supportproduce products with technologies that have not been used previouslydecrease the number of product attributes and lower the price of its productsreduce the number of components that go into its productsprovide high-quality products to create a brand-name reputation for its products