2. Chapter Questions
How do marketers identify primary competitors?
How should we analyze competitors’ strategies,
objectives, strengths, and weaknesses?
How can market leaders expand the total market
and defend market share?
How should market challengers attack market
leaders?
How can market followers or nichers compete
effectively?
9-2
4. Industry Concept of Competition
Number of sellers and degree of
differentiation
Entry, mobility, and exit barriers
Cost structure
Degree of vertical integration
Degree of globalization
9-4
5. Industry Concept of Competition
Pure monopoly
Oligopoly
Monopolistic competition
Pure competition
9-5
8. Figure 11.6 Six Types of
Defense Strategies
Defender
Flank
Preemptive
Counteroffensive
Mobile
Contraction
9-8
9. Factors Relevant to Pursuing
Increased Market Share
Possibility of provoking antitrust action
Economic cost
Pursuing the wrong marketing-mix
strategy
The effect of increased market share on
actual and perceived quality
9-9
11. Market Challenger Strategies
Define the strategic objective and
opponents
Choose a general attack strategy
Choose a specific attack strategy
9-11