WPC 480 – FINAL Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
WPC 480
Institution
WPC 480
Firms operating in the same market, offering similar products and targeting similar
customers are competitors.
a. True
b. False
-:- True
Competitive rivalry is the contest to be the first mover in an international market.
a. True
b. False
-:- False
Competitive rivalry is the set of co...
WPC 480 – FINAL Questions & 100% Correct
Answers- Latest Test | Graded A+ | Passed
Firms operating in the same market, offering similar products and targeting similar
customers are competitors.
a. True
b. False
✓ -:- True
Competitive rivalry is the contest to be the first mover in an international market.
a. True
b. False
✓ -:- False
Competitive rivalry is the set of competitive actions and responses that occur among firms
as they maneuver for an advantageous market position.
Research suggests that a firm with greater multimarket contact is less likely to initiate an
attack, but more likely to respond aggressively when attacked.
a. True
b. False
✓ -:- True
Extensive market commonality guarantees intense competition in an industry.
a. True
b. False
✓ -:- False
Bayou Belle Water markets water drawn only from a single artesian well in Southern
Louisiana. It has a loyal following in its region. Since Bayou Belle markets the water, just as
Coca-Cola, Nestle, and PepsiCo do, Bayou Belle has high resource similarity with these
international firms.
4|Page | Grade A+| 2024/2025
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