In the IO perspective it is important to enter an industry with
a) low supplier power
b) low threat from substitutes
c) low levels of rivalry between firms
d) all of the above
Typical structure characteristics of interest to industrial organization include
a) barriers of entry
b) product differentiation among firms
c) the number and size distribution of firms
d) all the above
firms have a competitive advantage when
a) they can deliver the same product beenfits as their competitors but at a lower cost
b)they can deliver superior product at a similar cost
c) both of the above
d)none of the above
resource to be able to generate sustained competitive advantage over rivals, it must be
a) valuable b) rare c) difficult to imitate or subsititue away from d) all of the above
