FOR Wednesday, 30 June

n      some questions on CaseThree:

 

  1. Be prepared to present the basic facts of the case – history, numbers, rival firms.
  2. Under the seven bullets in figure 3.2, on industry & competitive conditions, give some answers from your general knowledge for the professional wrestling industry for Question 1 – what are the industry’s dominant economic traits?  
  3. For the professional wrestling industry, is rivalry among competing sellers a strong, moderate, or weak competitive force?  What form does the rivalry take (price, professional wrestling industry, are barriers to entry a strong, moderate, or weak competitive force?  What form would barriers take (economies of scale, technology, learning curve, brand loyalty, cost disadvantages, distribution channels, regulation)?
  4. For the professional wrestling industry, are substitute products a strong, moderate, or weak competitive force?
  5. For the professional wrestling industry, is supplier-seller collaboration a strong, moderate, or weak competitive force?
  6. For the professional wrestling industry, is seller-buyer collaboration a strong, moderate, or weak competitive force?
  7. What are the key success factors for the professional wrestling industry?