219722, 10-44 AM skeouaet SM-Quiz-1 There are 10 Questions. Right answer fetches 1 mark and wrong/no answer fetches 0 mark. The duration of quiz will be 10 minutes. This is closed-book and closed notes quiz. You cannot refer/access/use to any of your note, any other website/email, mobile phone in the internet during the quiz period. uttarraj.hr21023@iimtrichy.ac.in Switch account ® draft saved Your email will be recorded when you submit this form * Required Typical barriers to entry include * O Restrictive government policies CO High barriers to exit © Economies of scope @ Allare correct K.L. auditing company, replaced its existing accounting software with new accounting software from another supplier. Since the new software has different features and abilities, K.L. auditing company had to spend Rs 10,000 on training its employees to use it. In this scenario, Rs 10,000 represents K.L. auditing company’s: * O opportunity cost. © switching cost. O cctroi charge O excise duty. hitpssdocs. google. comiformsidalFAlpQLSe3OQyOYITWHERIVIZITaPSI-nA_sGVxOcdBeMPKyd58-AQIviewlorm279722, 10-44 AM sk-ouaet Name * Uttarraj K Roll Number * 2104023 A software developer has a new idea for a mobile application that will enable blind individuals to identify the denomination of paper currency. Which of the following may prevent the developer from charging a premium price? * © Absence of opportunity of complements CO Lack of economies of scale © Loss of purchasing power of suppliers © Threat of potential entrants In the smartphone industry, Google is a complementor to Samsung. Which of the following statements best explains why this is true * © Samsung apps are tailored exclusively for Google smartphones and tablets. Google's smartphones increase in value because they face strong buying power from ‘Samsung, @ Semaunds smartphones increase In value when they are preinstalled with Googles ‘Android system Google accounts for a large quantity of Samsung's overall sales. hitpssdocs. google. comiformsidalFAlpQLSe3OQyOYITWHERIVIZITaPSI-nA_sGVxOcdBeMPKyd58-AQIviewlorm 28279722, 10-44 AM sk-ouaet Internet changed almost everything about the profitability of the print newspaper industry. Which among the following forces affects industry profitability? * © Decrease switching costs of buyers © Emergence of new substitutes © Increase bargaining power of suppliers. @ Allare correct Which among the following forces affects industry profitability by only affecting a firm's cost structure? * © Threat of new entrants © Threat of substitute products © Bargaining power of the suppliers © Bargaining power of the buyers The ABC Company owns and operates mines that produce raw material used for air filtration in enclosed environments. Its only customers are two large companies that produce air-filtration systems. According to Five Forces Framework, which of the following is the greatest competitive threat to its continued profitability? * © The bargaining power of buyers © The possibility of new entrants © Identifying new markets © The intensity of rivalry hitpssdocs. google. comiformsidalFAlpQLSe3OQyOYITWHERIVIZITaPSI-nA_sGVxOcdBeMPKyd58-AQIviewlorm 38279722, 10-44 AM sk-ouaet If fashion magazines face competition from fashion blogs on the web, which of the following forces in Michael Porter's five forces model primarily gets stronger? * CE the emergence of entry barriers © the bargaining power of suppliers CO the availability of complements ©@ the threat of substitutes Global Inc, a telephone service provider company, has a large user base mainly because phone calls and messages between all Global Inc users are free. When a person switches to a Global Inc network, his or her entire network of family and friends is likely to switch to the same network to avail the benefit of free calls and messages. In addition, an existing user who gets a new user to register with Global Inc. is given a free wireless connection. This has helped to keep competition away from Global Inc. In this scenario, which of the following factors is acting as an entry barrier for Global Inc .? * © economies of scale © high capital requirement CO network effects O high fixed costs hitpssdocs. google. comiformsidalFAlpQLSe3OQyOYITWHERIVIZITaPSI-nA_sGVxOcdBeMPKyd58-AQIviewlorm279722, 10-44 AM sk-ouaet Which among the following statements is true about the threat of substitute products? * © The presence of substitute products is a barrier to entering an industry C© Substitutes increase the willingness to pay for a company’s product or service O Substitutes are included in industry analysis because they necessarily come from the same industry @ Substitutes satafy the same need as that ofan Industry’ primary offerings at on improved price/performance ratio Submit Clear form Never submit passwords through Google Forms, This form was created inside of Indian Institute of Management Tiruchitappalli, Report Abuse Google Forms hitpssidocs. google. comiformsldalFAlpQLSe3OQYOYITWIERIV IZ/TaPS1-nA_sGVxOedBeMPKyd58-AQIviwlorm 56