Advanced Business Strategy | Online Course Support

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 other firms in this industry respond?

ByAdmin September 14, 2021September 15, 2021

If a firm possesses the capital to invest in research and development and has the dynamic capability to adjust, they should try to survive this industry disruption through a similar innovation.

Make large capital investments in advertising to sell their existing products by promoting their brand and market reputation.

Recognize that they are the victims of the competitive life cycle and plan to diversify into another sector.

Given the historically slow adoption of solar technology, assume clients will continue with the usual panels and hold off making any changes.

If other solar-power firms cannot make innovations rivaling the new product, they may become obsolete. Incumbent firms with sufficient funds for keeping up with technological advances and the ability to change should innovate in order to thrive.

Construction Finance | Online Course Support

Which of the following statements is correct?

ByAdmin September 8, 2021September 8, 2021

4. Question 4 Which of the following statements is correct? 1 / 1 point P3 applies on greenfield projects only P3 applies on brownfield projects only Government remains in firm…

Online Course Support | Understanding Einstein: The Special Theory of Relativity

If the spaceship in the “faster than light?” example travels from San Francisco to St. Louis at a speed of 0.5c, how fast does the ship appear to be going to the observer in New York?

ByAdmin July 28, 2021July 29, 2021

8. Question 8 If the spaceship in the “faster than light?” example travels from San Francisco to St. Louis at a speed of 0.5c, how fast does the ship appear…

Advertising and Society | Online Course Support

Which of the following statements is most accurate?

ByAdmin August 23, 2021August 23, 2021

3. Question 3 Which of the following statements is most accurate? 1 point a. Sexual imagery is frequently employed in advertising but its effectiveness is debatable. b. Sexual…

Food & Beverage Management | Online Course Support

Sal and Marta love cooking together. He is Iranian and she is Italian. Once they were together in the kitchen and started discussing whether the yogurt should be considered a side dish or a dessert. What were they doing?

ByAdmin September 11, 2021September 11, 2021

3. Question 3 Sal and Marta love cooking together. He is Iranian and she is Italian. Once they were together in the kitchen and started discussing whether the yogurt should…

Online Course Support

Each year a small clothing company produces a new sweater design. The sales of each design have been shown to be independent random variables. Owing to changes in fashion, the company produces each design for three years. Assume that the value of the firm depends on its sales and that we can write the value at time tt as follows: V_t = S_t + S_{t-1} +S_{t-2}Vt=St+St−1+St−2 where S_tSt equals sales at time tt. Which of the following will be true of the firm’s value? More than one may be true.

ByAdmin July 29, 2021

4. Question 4 Each year a small clothing company produces a new sweater design. The sales of each design have been shown to be independent random variables. Owing to changes…

Build personal resilience | Online Course Support

Review: Lakhiani, V. (2016, August 17). The power of creative visualisation. MindValley. (10:33) Lakhiani (2016) advises visualising scenarios using all five senses. This is recommended because:

ByAdmin September 19, 2021September 19, 2021

12. Question 12 Review: Lakhiani, V. (2016, August 17). The power of creative visualisation. MindValley. (10:33) Lakhiani (2016) advises visualising scenarios using all five senses. This is recommended because: Select…

Similar Posts