Potential Short Answer Quiz Questions for chapters 5 to 8.docx - MNGT 4780 – Quiz 2 Potential Short-Answer Questions Chapter 5 Questions What is the

Potential Short Answer Quiz Questions for chapters 5 to 8.docx

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MNGT 4780 – Quiz 2 Potential Short-Answer Questions Chapter 5 Questions What is the difference between competitive rivalry and competitive dynamics? What are the three main drivers of competitive behavior? Explain what each means and provide an example. What is market commonality? What is resource similarity? In what way are these concepts the building blocks for a competitor analysis? Chapter 6 Questions What are the different levels of diversification firms can pursue by using different corporate-level strategies? Define both operational and corporate relatedness. What type of Corporate-Level Strategy is each most closely related to? There were three reasons mentioned as to why a manager would like to increase firm diversification
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