chapter 6 pt2

1) All of the following are possible types of technological disruptions except A) business model innovations B) process innovations C) application innovations D) service innovations

Answer: D

1) The process of maximizing the upside or limiting the downside of an investment opportunity by uncovering and quantifying the options and discussion points embedded within it is referred to as . A) new - market analysis B) real - options analysis C) chaotic analysis D) value curve analysis

B) real - options analysis

1) Instead of retaliation, incumbent firms may strategically decide that _ is the best course of action. A) ignoring new competition B) waiting for uncertainty to clear C) cooperation D) cutting off growth possibilities

B) waiting for uncertainty to clear

1) The four actions framework includes all of the following actions except A)raise B)reject C) reduce D)eliminate

B)reject

1) As industry products become perceived as undifferentiated, the ability of firms to generate premium pricing ________ . A) becomes more critical B) stabilizes C) decreases D) increases

C) decreases

1) The annulment strategy is less about quashing the competition than about making it ___________ A) complementary B) a partner C) irrelevant D) marginalized

C) irrelevant

1) Incumbents who pursue a strategy aggressively often succeed in short circuiting the moves of new entrants before they make them. A) containment B) shaping C) neutralization D) absorption

C) neutralization

1) New - market creation emphasizes capabilities that A) consolidate the competition B) eliminate the competition C) meet the competition head on D) eclipse the competition

D) eclipse the competition

1) A conventional way to reconfigure the value chain is to compress it by . A) making the firm's workforce more lean B) selling off unprofitable subsidiaries C) outsourcing D) eliminating a middle man

D) eliminating a middle man

1) Detecting and responding quickly to unexpected customer demands is called _. A) market segment change B) speed of change C) anticipating change D) reacting to change

D) reacting to change