Question 212 pts The industry analysis should appear early in the plan because: Group of answer choices (a) It logically
Posted: Thu May 19, 2022 7:03 am
Question 212 pts
The industry analysis should appear early in the plan
because:
Group of answer choices
(a) It logically precedes the analysis of a firm’s target market
and marketing strategy.
(b) It logically precedes the analysis of a firm’s management
team and company structure.
(c) It logically precedes the analysis of a firm’s operations
plan and product (or service) development plan.
(d) It logically precedes the analysis of a firm’s financial
projections.
Flag question: Question 22
Question 222 pts
If your firm operates in two or more industries, you should
identify all the industries that it participates in and recognize
that it will be necessary to conduct an industry analysis for each
of the industries. Some discretion is allowed regarding the weight
placed on the individual analyses. In some instances, when a firm
operates in more than one industry, it may be appropriate to
conduct:
Group of answer choices
(a) An abbreviated analysis on the primary industry that firm
operates in and a focused analysis on the other.
(b) A managerial analysis on the primary industry that firm
operates in and a financial analysis on the other.
(c) A full analysis on the primary industry that firm operates
in and an abbreviated analysis on the other.
(d) A focus group analysis on the primary industry that firm
operates in and a full analysis on the other.
Flag question: Question 23
Question 232 pts
The topic of industry structure is particularly important.
Structure refers to how concentrated or fragmented an industry is
and whether the industry’s competitive landscape is generally
attractive or unattractive. An industry’s size and its growth rate,
regardless of how positive they are, are basically moot points:
Group of answer choices
(a) If an industry isn’t suitably attractive for a start-up.
(b) If an industry isn’t structurally attractive for a
start-up.
(c) If an industry is unattractive for a start-up.
(d) If an industry does not fit the criteria for a start-up.
Flag question: Question 24
Question 242 pts
Understanding which segments of your industry are growing
fastest or are most profitable can help you establish credibility
in your business plan. Some industries are also clearly bifurcated,
that is, the most successful companies serve the top end of the
industry or the bottom end. The worst place to be in a bifurcated
industry is:
Group of answer choices
(a) In the middle one third segment.
(b) Right at the last spot.
(c) Right in the middle.
(d) Right in the middle two thirds spot.
Flag question: Question 25
Question 252 pts
The industry trends portion of an industry analysis is arguably
the most important section because it often lays the foundation for
a new business idea in an industry, and it typically provides
the:
Group of answer choices
(a) An analysis for claims made earlier in the industry
analysis.
(b) A foundation for claims made earlier in the industry
analysis.
(c) Highlights for claims made earlier in the industry
analysis.
(d) Justification for claims made earlier in the industry
analysis.
The industry analysis should appear early in the plan
because:
Group of answer choices
(a) It logically precedes the analysis of a firm’s target market
and marketing strategy.
(b) It logically precedes the analysis of a firm’s management
team and company structure.
(c) It logically precedes the analysis of a firm’s operations
plan and product (or service) development plan.
(d) It logically precedes the analysis of a firm’s financial
projections.
Flag question: Question 22
Question 222 pts
If your firm operates in two or more industries, you should
identify all the industries that it participates in and recognize
that it will be necessary to conduct an industry analysis for each
of the industries. Some discretion is allowed regarding the weight
placed on the individual analyses. In some instances, when a firm
operates in more than one industry, it may be appropriate to
conduct:
Group of answer choices
(a) An abbreviated analysis on the primary industry that firm
operates in and a focused analysis on the other.
(b) A managerial analysis on the primary industry that firm
operates in and a financial analysis on the other.
(c) A full analysis on the primary industry that firm operates
in and an abbreviated analysis on the other.
(d) A focus group analysis on the primary industry that firm
operates in and a full analysis on the other.
Flag question: Question 23
Question 232 pts
The topic of industry structure is particularly important.
Structure refers to how concentrated or fragmented an industry is
and whether the industry’s competitive landscape is generally
attractive or unattractive. An industry’s size and its growth rate,
regardless of how positive they are, are basically moot points:
Group of answer choices
(a) If an industry isn’t suitably attractive for a start-up.
(b) If an industry isn’t structurally attractive for a
start-up.
(c) If an industry is unattractive for a start-up.
(d) If an industry does not fit the criteria for a start-up.
Flag question: Question 24
Question 242 pts
Understanding which segments of your industry are growing
fastest or are most profitable can help you establish credibility
in your business plan. Some industries are also clearly bifurcated,
that is, the most successful companies serve the top end of the
industry or the bottom end. The worst place to be in a bifurcated
industry is:
Group of answer choices
(a) In the middle one third segment.
(b) Right at the last spot.
(c) Right in the middle.
(d) Right in the middle two thirds spot.
Flag question: Question 25
Question 252 pts
The industry trends portion of an industry analysis is arguably
the most important section because it often lays the foundation for
a new business idea in an industry, and it typically provides
the:
Group of answer choices
(a) An analysis for claims made earlier in the industry
analysis.
(b) A foundation for claims made earlier in the industry
analysis.
(c) Highlights for claims made earlier in the industry
analysis.
(d) Justification for claims made earlier in the industry
analysis.