Author: Anonymous

When the laptop market overtook the desktop market, Blue Tech Inc., a leader in desktop technology, was left at a competitive disadvantage. Later, Blue Tech Inc.’s management channeled all of the company’s efforts and revenue to develop an efficient laptop from scratch in less than a year. However, the company failed because Blue Tech Inc.’s models were inferior to the third- and fourth-generation models its competitors were selling. In this scenario, Blue Tech Inc.’s failure can be best attributed to

The strategic objective of a first mover during the introduction stage of the industry life cycle is to

The board of directors of a public stock company consists of

Tony’s Tacos is a nationwide fast-food chain. Decision power resides at the top of the organization. Each job is documented in minute detail. The firm has many levels of supervision, including vice presidents and regional managers. Tony’s headquarters provides detailed instructions to each of its franchisees so that they provide comparable quality and service across the board. Based on this scenario, which of the following is an accurate statement about Tony’s?

How does a firm capture its producer surplus for a good or service?

Who among the following is responsible for making business strategies in a large conglomerate?

As the strategic manager of CutRite Scissors, you are tasked with producing a strategy for introducing a new line of premium scissors. Your competitor produces a line of similar scissors at a cost of $1 and sells them for $12. Because your company has inferior production capabilities, your scissors will cost $3 each to produce. However, your handle is proven to be more comfortable than your competitors’. Assuming you are guaranteed to sell the same number of units as your competitor, which of the following strategies is most likely to achieve a competitive advantage?

Which of the following best illustrates physical-asset specificity?

Which of the following is a feature of the shakeout phase of the industry life cycle?

What is the term that means uncontrolled loss of urine from the bladder?