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Question
Even if it lacks the competencies required to compete in a new business, a company may pursue an internal venturing strategy if the industry it is entering is a(n) ________________ industry.a) mature
b) declining
c) stagnant
d) growing
e) emerging
Answer
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Related questions
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Which form of control was transmitted by Walt Disney?
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a) inputs.
b) work processes.
c) outputs.
d) both work processes 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 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
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The threat from new entrants is greatest in the _________ stage of the industry life cycle.
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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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The bargaining power of suppliers is the ability to raise the price of inputs or to raise the costs of the industry in other ways.
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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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