Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

1 Views

VRIO Analysis vs OCAT

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does rivalry in VRIO analysis measure?

Market growth potential

Market share of each firm

Competition between existing firms (correct)

Profitability of the firms

Which of the following is NOT a factor affecting the intensity of rivals' rivalries?

Lack of differentiation

Low exit barriers (correct)

Numerous competitors

High fixed costs

In which type of industry is intense rivalry common according to the text?

Industries with few competitors

Industries with low fixed costs

Industries with high strategic stakes

Industries with many companies (correct)

What happens to rivalry in a slow-growth market according to the text?

It becomes more intense as firms fight for market shares Signup and view all the answers

Which factor is not mentioned as a prominent factor affecting the intensity of firms' rivalries?

High entry barriers Signup and view all the answers

Why is it common for a few firms in industries with numerous competitors to believe they can act without eliciting a response?

They are not aware of their competitors' actions Signup and view all the answers

What impact does a growing market have on rivalry according to the text?

It decreases rivalry as firms focus on expanding customer base Signup and view all the answers

Which factor contributes to making rivalry more difficult for existing firms?

High exit barriers Signup and view all the answers

What happens to profitability when the degree of rivalry is higher according to VRIO analysis?

'Profitability decreases with higher rivalry' Signup and view all the answers

Which of the following is a factor that increases the degree of rivalry in VRIO analysis?

Lack of differentiation Signup and view all the answers