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Question
Perfecto Espresso is a coffeehouse located opposite Chings Kitchen, a restaurant. According to Porters five-force model, the services and products provided by both are most likely to be classified as:
a. complements.
b. competitors.
c. substitutes.
d. intermediates.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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b. product modularity.
c. a bundling relationship.
d. disintermediation.
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If a firm willingly cannibalizes its existing products with more advanced products, the firm can make it very easy for other firms to achieve a technological lead large enough to prove persuasive to customers.
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Which of the following is an advantage typically associated with cross-functional teams?
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Managers of lightweight teams are normally junior or middle management employees.
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Homogeneous teams should possess more information, on average, than heterogeneous groups.
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Explain the value of the stage-gate process in new product development.
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a. Its sales will be slow as consumers will already be committed to other products.
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