Question 1

Network externalities are fueled by three sources:

Accepted Answer

A) Minimizing switching costs, the existence of a natural network in an industry, and the availability of complementary products or services 
B) The existence of a natural network, the extent to which the government allows firms in an industry to externalize their costs, and the level of innovation in this industry 
C) The availability of complementary products or services, the importance of barriers to entry, and the level of innovation in an industry 
D) The level of innovation in an industry, the nature of the fundamental knowledge involved in this industry, and the availability of complementary products or services 
A) Minimizing switching costs, the existence of a natural network in an industry, and the availability of complementary products or services 
B) The existence of a natural network, the extent to which the government allows firms in an industry to externalize their costs, and the level of innovation in this industry 
C) The availability of complementary products or services, the importance of barriers to entry, and the level of innovation in an industry 
D) The level of innovation in an industry, the nature of the fundamental knowledge involved in this industry, and the availability of complementary products or services

Question 2

A classic example of network externalities, is:

Accepted Answer

A) The retailing industry 
B) The automobile industry 
C) The telephone 
D) The housing industry 
A) The retailing industry 
B) The automobile industry 
C) The telephone 
D) The housing industry

Question 3

The effectiveness of the different instruments used to protect property rights depends on:

Accepted Answer

A) The country in which a firm wants to protect is property rights 
B) The role of specialized state agencies in that protection 
C) The state of the economy 
D) The type of innovation that is being protected 
A) The country in which a firm wants to protect is property rights 
B) The role of specialized state agencies in that protection 
C) The state of the economy 
D) The type of innovation that is being protected

Question 4

Patents are the best protection for innovation.

Accepted Answer

A) A century of evidence shows this is true 
B) No one can confirm or disprove this statement 
C) The evidence is mixed 
D) Evidence shows this is not true 
A) A century of evidence shows this is true 
B) No one can confirm or disprove this statement 
C) The evidence is mixed 
D) Evidence shows this is not true

Network externalities are fueled by three sources:

A classic example of network externalities, is:

The effectiveness of the different instruments used to protect property rights depends on:

Patents are the best protection for innovation.

The Concept of Strategy

Goals, Values and Performance

Industry Analysis: the Fundamentals

Further Topics in Industry and Competitive Analysis

Analyzing Resources and Capabilities

Developing Resources and Capabilities

Organization Structure and Management Systems: the Fundamentals of Strategy Implementation

The Nature and Sources of Competitive Advantage

Cost Advantage

Differentiation Advantage

Industry Evolution and Strategic Change

Competitive Advantage in Mature Industries

Vertical Integration and the Scope of the Firm

Global Strategies and the Multinational Corporation

Diversification Strategy

Implementing Corporate Strategy: Management of the Multibusiness Firm

Current Trends in Strategic Management

Filters

Exam 12: Technology-Based Industries and the Management of Innovation

Network externalities are fueled by three sources:

A classic example of network externalities, is:

The effectiveness of the different instruments used to protect property rights depends on:

Patents are the best protection for innovation.

The Concept of Strategy

Goals, Values and Performance

Industry Analysis: the Fundamentals

Further Topics in Industry and Competitive Analysis

Analyzing Resources and Capabilities

Developing Resources and Capabilities

Organization Structure and Management Systems: the Fundamentals of Strategy Implementation

The Nature and Sources of Competitive Advantage

Cost Advantage

Differentiation Advantage

Industry Evolution and Strategic Change

Competitive Advantage in Mature Industries

Vertical Integration and the Scope of the Firm

Global Strategies and the Multinational Corporation

Diversification Strategy

Implementing Corporate Strategy: Management of the Multibusiness Firm

Current Trends in Strategic Management

Filters