Question

Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cent product this year. Assume Chester's product Cent invests in increasing its capacity by 10% this year. Because of this new information, your company anticipates all other products in the Core segment will increase their capacity by the same amount. How much can the industry produce in the Core segment the next year

Answer 1

Question Completion:

Product Segment Capacity Next Round

Attic Core 1,130

Axe Core 1,200

City Core 1,300

Cent Core 1,550

Dome Core 1,145

Dug Core 1,023

Answer:

Competitive Intelligence Team

The industry can produce 8,083 units in the Core segment next year.

Step-by-step explanation:

a)Data and Calculations:

Product Segment Capacity Increasing New Capacity

Next Round by 10% next year

Attic Core 1,130 113 1,243

Axe Core 1,200 120 1,320

City Core 1,300 130 1,430

Cent Core 1,550 155 1,705

Dome Core 1,145 115 1,260

Dug Core 1,023 102 1,125

Total industry capacity 7,348 735 8,083

b) A Competitive Intelligence is an analysis for decision-makers that uncovers competitive gaps, products, and services. It uses information about a firm's industry, business environment, and competitors' strategies to develop strategic initiatives and identify opportunities and threats facing the firm in the marketplace.