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a disruption innovation is more likely to be successful if it

captures the low end of the market first

True of the network organizational structure

enables firms to access communities of practice should be supported by uniform, company-wide policies and procedures

the tendency of customers to enter the market in large numbers during the growth stage of the industry life cycles is known as the ________ effect

herding

What are the risks of vertical integration?

increasing costs, reducing quality, reducing flexibility, increasing the potential for legal repercussions

creating new products out of new or existing ideas is known as

invention

a benefit of an international strategy is

leveraging core competences

one notable advantage of a multi-domestic strategy is

lower exchange-rate exposure

in order for a product or service to be considered patentable, it must be

non-obvious useful novel

Which of the following are the types of general diversification strategies?

product-market product geographic

What are sources of horizontal integration costs through mergers and acquisitions?

reduced flexibility increased potential for legal repercussions

The Boston Consulting Group growth-share matrix locates a firm's individual SBUs in which of the following dimensions?

relative market share speed of market growth

Benefits of functional structure

responsiveness decentralization

What are among the primary considerations when determining the mode of which a firm enters a foreign market?

the degree of investment the desired level of control over foreign operations

the primary reason incumbent firms are vulnerable to disruptive innovations is that

they are too committed to existing products to make rapid changes in the face of disruptive innovations

which of the following are ways in which standards can emerge?

through market competition by being imposed by government or other agencies

Which diversification strategies have low performance?

unrelated simple


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