Exam 15: The Origins of Competitive Advantage, innovation, evolution, and Environment part Five internal Organization

What term best describes the characteristic of a process if past circumstances could exclude certain evolutions in the future?

Which of the following describe ways firms have sought to innovate and mange innovation in recent years?

What of the following factors did not help Geneva watchmakers ultimately gain dominant status from the British in the industry in the 19ᵗʰ century?

What term describes the class of technologies that has higher B-C than their predecessors,but does so through a combination of lower B and much lower C?

Which of the following factors is least important for a firm to consider when engaged in a patent race and determining whether to increase its investment?

Which of the following terms best describes an idea,developed by Gary Hamel and C.K.Prahalad,which means a fundamental focus of a firm's strategy that commits it well beyond its current resource profile?

What term best characterizes the battle between firms to innovate first?

Which of the following is the least likely factor contributing to early British dominance in the watchmaking industry?

Which of the following is a possible explanation for the reason that American steelmakers continued to invest in less efficient OH technology instead of newer more efficient BOF technology throughout the 1950s?

Which of the following terms describes a nation's position with regard to the elements (e.g.human resources,infrastructure)of production that are necessary to compete in a particular industry?

What term best describes when quiet periods in markets are punctuated by fundamental "shocks" or "discontinuities" that destroy old sources of advantage and replace them with new ones?

Which of the following is not part of Porter's "diamond",four attributes in a firm's home market that promote or impede a firm's ability to achieve competitive advantage in global markets?

What term describes the achievement of long-term growth and technological improvement?

Which of the following terms best describes the ability of a firm to maintain and adapt the capabilities that are the basis of its competitive advantage?

Which of the following is not an example of disruptive technologies?

Which of the following statements is most true with regard to Strategy,Structure,and Rivalry in Michael Porter's "diamond" determinants of competitive advantage?

Which of the following terms best describes a phenomenon whereby,despite equal innovative capabilities,an entrant is willing to spend more to develop an innovation?

Which of the following terms best describes an idea,developed by Gary Hamel and C.K.Prahalad,which combines commitment to the firm's ambitions with the flexibility to change with circumstances?

Which of the following terms best describes a phenomenon whereby a profit-maximizing firm sticks with its current technology or product concept even though the profit-maximizing decision for a firm starting from scratch would be to choose a different technology or product concept?

Which of the following terms best refers to the fact that the benefit to a firm from being a monopolist as compared with being one of two competitors in a duopoly is greater than the benefit to a firm from being a duopolist as compared with not being in the industry at all?