Solved

Schumpeter's "Gale of Creative Destruction

Question 28

Multiple Choice

Schumpeter's "gale of creative destruction":


A) Helps all firms in an industry equally
B) Provides equal opportunities for any firm to overtake the market leader
C) Provides an opportunity for any firm to overturn the competitive advantage of stronger firms
D) No longer applies, after the internet was invented

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: How can a firm obscure its performance?<br>A)By

Q24: For some firms, speed of new product

Q25: "Strategic innovation" means introducing:<br>A)New products<br>B)New markets<br>C)New technologies<br>D)All

Q26: Porter says that cost leadership and differentiation

Q27: Who knows better the nature of a

Q29: The difference between a "generic" and a

Q30: What differentiates trading and production markets?

Q31: A contrarian is:<br>A)Someone who acts only as

Q32: Overshooting occurs when:<br>A)You set higher targets than

Q33: For competitive advantage to exist, a firm