Answer the following questions using the attached BSG reports. Do not use any other resourses. The answers must be based on the actual reports.1.Which of the five competitive forces is creating the...

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Answered 4 days AfterFeb 27, 2023

Answer To: Answer the following questions using the attached BSG reports. Do not use any other resourses. The...

Rochak answered on Mar 04 2023
47 Votes
Answer 1:
The competitive force creating the most substantial competitive pressures for my athletic footw
ear company is ‘Rivalry among existing competitors’. This is the strongest competitive pressure on the athletic footwear company because the retail price for other companies is lower than the current company and this difference is more than 10-20%. The other reason is that the market share is divided among the existing competitors which are causing this to become the biggest competitive force.
Answer 2:
The different types of weapons which are used by the competitors in the industry to gain market share and also sales are as follows:
· Buyer demand is growing slowly: The buyer demand is growing slowly and therefore the rivals are growing their market share
· Buyers’ costs to switch brands are low and this is why the market share is changing so fast
Answer 3:
Intensity among rivals is very important and the factos which is affecting the current intensity in the industry are as follows:
· Industry members produce goods that are either...
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