首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read the article below about five forces affecting strategy, and the questions on the opposite page. For each question(13-18
Read the article below about five forces affecting strategy, and the questions on the opposite page. For each question(13-18
admin
2015-04-23
51
问题
Read the article below about five forces affecting strategy, and the questions on the opposite page.
For each question(13-18), mark one letter(A, B, C or D)on your Answer Sheet.
The Five Competitive Forces That Shape Strategy
In essence, the job of the strategist is to understand and cope with competition. Often, however, managers define competition too narrowly, as if it occurred only among today’s direct competitors. Yet competition for profits goes beyond established industry rivals to include four other competitive forces as well: customers, suppliers, potential entrants, and substitute products. The extended rivalry that results from all five forces defines an industry’s structure and shapes the nature of competitive interaction within an industry. They are the threat of new entrants: bargaining power of suppliers: the threat of substitute products or services: bargaining power of buyers and rivalry among existing competitors.
As different from one another as industries might appear on the surface, the underlying drivers of profitability are the same. The global auto industry, for instance, appears to have nothing in common with the worldwide market for art masterpieces or the heavily regulated health-care delivery industry in Europe. But to understand industry competition and profitability in each of those three cases, one must analyse the industry’s underlying structure in terms of the five forces.
Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition(and profitability)over time. A healthy industry structure should be as much a competitive concern to strategists as their company’s own position. Understanding industry structure is also cardinal to effective strategic positioning. As we will see, defending against the competitive forces and shaping them in a company’s favour are crucial to strategy.
The configuration of the five forces differs by industry. In the market for commercial aircraft, fierce rivalry between dominant producers Airbus and Boeing and the bargaining power of the airlines that place huge orders for aircraft are strong, while the threat of entry, the threat of substitutes, and the power of suppliers are more benign. In the movie theatre industry, the proliferation of substitute forms of entertainment and the power of the movie producers and distributors who supply movies, the critical input, are important. Industry structure drives competition and profitability, not whether an industry is emerging or mature, high tech or low tech, regulated or unregulated.
The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force, however, is not always obvious. For example, even though rivalry is often fierce in commodity industries, it may not be the factor limiting profitability. Low returns in the photographic film industry, for instance, are the result of a superior substitute product— as Kodak and Fuji, the world’s leading producers of photographic film, learned with the advent of digital photography. In such a situation, coping with the substitute product becomes the number one strategic priority.
Industry structure grows out of a set of economic and technical characteristics that determine the strength of each competitive force. We will examine these drivers in the pages that follow, taking the perspective of an incumbent, or a company already present in the industry. The analysis can be readily extended to understand the challenges facing a potential entrant.
The writer suggests that the strongest competitive force or forces
选项
A、play the most important part in making a company stay ahead of its competitors.
B、play the most important part in formulating its industrial strategy for a company.
C、make a company redefine its industry structure to earn more profits than its competitors.
D、make a company shape its industry structure based on its profitability.
答案
B
解析
题目意为:“作者暗示最强的竞争力……”。第五段首句提到The strongest competitiveforce or forces determine the profitability of an industry and become the mostimportant to strategy formulation.即:最强的竞争因素决定利润,而且也是塑造企业策略的最重要的因素。故B项“在企业制定其企业策略过程中扮演最重要的角色”是正确答案。A项“能使一个公司保持遥遥领先于对手的地位”与文意不符;该段中也没有明确表明竞争力的作用是比竞争对手更为盈利,排除C项;D项也与文意不符,排除。
转载请注明原文地址:https://kaotiyun.com/show/FeoO777K
本试题收录于:
BEC中级阅读题库BEC商务英语分类
0
BEC中级阅读
BEC商务英语
相关试题推荐
•Youwillhearaprofessorgivingatalkontheslowdownsoftheworldeconomy.•Foreachquestion23-30,markoneletter(A,
•Therearethirtyquestionsonthisquestionpaper.•Instructionsaregivenonthetape.•YoucanwriteonthisQuestionPape
HowtoapproachListeningTestPartTwo•Thispartisintwosections.Ineachsectionyoulistentofiveshortmonologues,spo
•YouwillhearareportpresentedbyajournalistfromTokyo.•Foreachquestion23--30,markoneletter(A,BorC)forthecor
•Youwillhearadiscussion.•Foreachquestion23-30markoneletter(A,BorC)forthecorrectanswer.•Afteryouhaveli
•Youwillhearfivespeakerstalkingaboutbusinesstrips.•Foreachrecording,choosethereasonthespeakergivesforthetr
HowtoapproachListeningTestPartTwo•Thispartisintwosections.Ineachsectionyoulistentofiveshortmonologues,spo
YouwillhearapartofaspeechabouttheAsiancrisis.Choosethebestanswerforeachofthequestions(23—30).Markonele
YouwillhearapartofaspeechabouttheAsiancrisis.Choosethebestanswerforeachofthequestions(23—30).Markonele
—Readthearticleaboutchoosinganagent.—Inmostofthelines34~45thereisoneextraword.Itiseithergrammaticallyincor
随机试题
Inthisworldofchangeandcomplexity,theneedforinformationisofgreatestimportance.Thosepeoplewhohaveaccurate,reli
张某系个体工商户,经营小食品店,两年来一直未向税务机关交足税款,此事被乡政府在一次对市场经营的食品质量大检查时发现。乡政府以自己的名义给张某下达两次补交税款1100元的通知,张某均未按通知补税。2005年5月24日乡政府扣押了张某的一台电冰箱与部分食品,当
虫积兼脾虚便溏者忌服的药物是
能起到加强表里两经在体表的联系和渗灌气血的作用的是
肾小管性酸中毒的诊断依据有
居住国政府对其居民在国外得到的所得税减免优惠的部分,视同在国外实际缴纳的税款给予税收抵免的方法称为()。
河豚毒素含量最高的为河豚鱼的()。
13世纪后半期,佛罗伦萨市政府决定扩建一座小而简陋的教堂,并专门发布公告称,教堂要与“佛罗伦萨的众多市民的意志结合而成的高贵的心灵相一致”。这反映当时佛罗伦萨()。
某路由器收到了一个IP数据报,在对其首部进行校验后发现该数据报存在错误,路由器最有可能采取的动作是()。
在考生文件夹下jtv文件夹中建立一个新文件夹Kunt。
最新回复
(
0
)