Question 1

Competitive interactions are composed of the interactions between incumbents and the interactions of new entrants and incumbents.

Accepted Answer

A) True 
 B)False

Question 2

Real-option investments are attractive to managers in industries that are characterized by ________ and ________.

Accepted Answer

A)  low capital investments; low degrees of uncertainty 
B)  large capital investments; high degrees of uncertainty 
C)  small market share; lots of research and development data 
D)  large market share; little research and development data 
A)  low capital investments; low degrees of uncertainty 
B)  large capital investments; high degrees of uncertainty 
C)  small market share; lots of research and development data 
D)  large market share; little research and development data

Question 3

Which of the following is not one of the possible reasons that late movers survive?

Accepted Answer

A)  the existence of a highly competitive market 
B)  they are protected by government regulation 
C)  they have extensive cash reserves 
D)  they have an oligopolistic industry position 
A)  the existence of a highly competitive market 
B)  they are protected by government regulation 
C)  they have extensive cash reserves 
D)  they have an oligopolistic industry position

Question 4

Successful dynamic strategies reward firms for avoiding risky decisions.

Accepted Answer

A) True 
 B)False

Competitive interactions are composed of the interactions between incumbents and the interactions of new entrants and incumbents.

Real-option investments are attractive to managers in industries that are characterized by and .

Which of the following is not one of the possible reasons that late movers survive?

Successful dynamic strategies reward firms for avoiding risky decisions.

Introducing Strategic Management

Leading Strategically Through Effective Vision and Mission

Examining the Internal Environment: Resources

Exploring the External Environment: Macro Industry and Dynamics

Creating Business Strategies

Developing Corporate Strategy

Looking at International Strategies

Understanding Alliances and Cooperative Strategies

Studying Merges and Acquisitions

Organizational Structure, Systems, and Processes

Considering New Ventures and Corporate Renewal

Corporate Governance in the Twenty-First Century

Filters

Exam 6: Crafting Business Strategy of Dynamic Contexts

Competitive interactions are composed of the interactions between incumbents and the interactions of new entrants and incumbents.

Real-option investments are attractive to managers in industries that are characterized by ________ and ________.

Which of the following is not one of the possible reasons that late movers survive?

Successful dynamic strategies reward firms for avoiding risky decisions.

Introducing Strategic Management

Leading Strategically Through Effective Vision and Mission

Examining the Internal Environment: Resources

Exploring the External Environment: Macro Industry and Dynamics

Creating Business Strategies

Developing Corporate Strategy

Looking at International Strategies

Understanding Alliances and Cooperative Strategies

Studying Merges and Acquisitions

Organizational Structure, Systems, and Processes

Considering New Ventures and Corporate Renewal

Corporate Governance in the Twenty-First Century

Filters

Real-option investments are attractive to managers in industries that are characterized by and .