Question
1- Warby Parker, a recent entrant into the highly competitive eyeglasses market, has rapidly gained market share by employing customer-centric marketing and a business model
1- Warby Parker, a recent entrant into the highly competitive eyeglasses market, has rapidly gained market share by employing customer-centric marketing and a business model that allows customers to try on their frames at home before deciding. Warby Parker has gained a competitive advantage from
a- the marketplace becoming more segmented.
b- getting its products to market faster.
c- its ability to survive disruptive innovation
d- knowledgeable offshore suppliers.
2- BPs efforts to close the blowout preventer and install a containment dome following an explosion on the Deepwater Horizon drilling rig is an example of ________ change.
a- Radical
b- Incremental
c- Proactive
d- Reactive
3- Dante is monitoring developments in ________, such as immigration, automation, and globalization, to plan for how they will affect his company.
a- adaptive change
b- innovative change
c- outside forces
d- inside forces
4- Sparkle Pop, a soft-drink company, is considering expanding into non-carbonated beverages by introducing a fruit-flavored tea. Prior to making this change, Sparkle Pop conducts a force-field analysis to determine which forces could facilitate a proposed change and which forces could act against it. Which of the following would Sparkle Pop consider a counterthruster?
a- Market research indicates that flavored, bottled teas are increasing in popularity.
b- Sparkle Pops Facebook page has over 2 million followers and more than 4.5 million engagements.
c- Sparkle Pop has never been able to gain any significant market share outside of the Northwest.
d- In unbiased surveys, college students often say that Pops Soda manufactures their favorite soft drinks.
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