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Question
Demand reaches total saturation in the ___________ stage of the industry life cycle.a) embryonic
b) growth
c) shakeout
d) maturity
e) decline
Answer
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Related questions
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Which form of control was transmitted by Walt Disney?
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b) Control through norms and values
c) Financial control through accurate financial statements
d) Output control
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Standardization is employed to squeeze out costs in manufacturing. Standardization may be achieved through standardization of
a) inputs.
b) work processes.
c) outputs.
d) both work processes and outputs.
e) inputs, conversion activities, and outputs.
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The two main innovations in a multidivisional structure (over a functional or product structure) are
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As new, small firms grow and mature, which structure are they likely to choose?
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_______________ provides the vehicle through which managers can coordinate the activities of a company's various functions, divisions, and business units to take advantage of their skills and competencies.
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The degree of horizontal differentiation in the product structure is higher than in the functional structure.
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The role of organizational structure is to provide managers with specific feedback on how well an organization and its members are performing and building competitive advantage.
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In the value chain, support activities are those involved in the physical creation of the product, its marketing and delivery to buyers, and its after-sales service.
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List and briefly discuss each of the elements of Michael Porter's Five Forces Model.
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b) Social forces
c) Embryonic forces
d) Political forces
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Q:
The threat from new entrants is greatest in the _________ stage of the industry life cycle.
a) embryonic
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c) shakeout
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In growth industries,
a) replacement demand is increasing rapidly.
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Which of the following is not a determinant of the extent of rivalry among established companies?
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Exit barriers are the economic, strategic, and emotional factors that prevent companies from leaving an industry.
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Many fragmented industries are characterized by low entry barriers and commodity-type products that are hard to differentiate.
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Absolute cost advantage is enjoyed by incumbents in an industry and that new entrants cannot expect to match.
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Michael Porter argues that the stronger each of the five forces, the more limited the ability of established companies to raise prices and earn greater profits.
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c) TQM.
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