4. Question 4 Which of the following most resembles an innovation driven by technology push? 0 / 1 point Customers complained about high fuel costs, so Toyota introduced the Prius. …
3. Question 3 Digital cameras have made film cameras all but obsolete. Although new models are released regularly by the dominant brands, they represent incremental improvements rather than amazing new…
12. Question 12 What is the main advantage of analyzing the competitive life cycle? 1 / 1 point To ensure customer loyalty throughout the phases of a product’s life To determine…
11. Question 11 Why is having dynamic capability critical to success in the pharmaceutical industry? 1 / 1 point It prevents other firms from joining the market. It allows firms to…
10. Question 10 Which of the following do we observe during the era of ferment within an industry? 1 / 1 point A very short period of change Firms exiting the…
2. Question 2 How might a shoe company benefit from Ricardian rents? 1 / 1 point The shoe company’s manufacturing structure allows it to have the lowest marginal costs in the industry….
9. Question 9 What factor contributes to the successful response of an existing firm to a technological disruption? 1 / 1 point Large, firmly established organizational architecture Complementary products or services…
7. Question 7 In the solar-power industry, a firm develops a new technology that revolutionizes the capacity of solar panels to produce and store energy for home use. How should…
6. Question 6 In a typical competitive life cycle, what revenue pattern do we see upon introduction of a new product? 1 / 1 point There are high revenues right away and…
4. Question 4 Which of the following most resembles an innovation driven by demand pull? 1 / 1 point Sony introduces the walkman, introducing a portable way to listen to music. …
