Multiple Choice
New markets are often created when managers ________.
A) export ideas from their competitors
B) focus on strategic convergence
C) eliminate some nonessential features that industry incumbents take for granted
D) react defensively to counteract the force of new entrants
Correct Answer:

Verified
Correct Answer:
Verified
Q47: What are the four underlying phases of
Q48: Dynamic strategies require firms to make coherent
Q49: Successful dynamic strategies reward firms for avoiding
Q50: Anticipating change means foreseeing all of the
Q51: The strategist always makes important and reasoned
Q53: A common neutralization tactic is the threat
Q54: In some cases, a first-mover strategy can
Q55: A rapid and unpredictable environment requires firms
Q56: The annulment strategy is less about quashing
Q57: An innovation that dramatically advances an industry's