Multiple Choice
According to D'Aveni's book,Hypercompetition,which of the following statements is true?
A) Except for a few stable industries, strategy initiatives do not provide sustainable competitive advantage.
B) Hypercompetition is rare.
C) It is enough to gain competitive advantage by being the lowest cost competitor.
D) The theory of hypercompetition is not supported by any research.
E) The American home appliance industry was immune to hypercompetition.
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Research suggests that a differentiation strategy is
Q17: According to Porter,the generic competitive strategy that
Q18: Most entrepreneurial ventures attempt to follow focus
Q19: Incentives based on meeting strict quantitative targets
Q20: As an industry becomes hypercompetitive,firms initially respond
Q22: The goal of strategy is to find
Q23: Business strategy focuses on<br>A) ensuring that the
Q24: Business strategy focuses on improving the competitive
Q25: In licensing arrangements,which of the following is
Q26: Apple is an example of a company