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Mark the following statements as true or false 1. Capability-based advantages are more quantifiable than positional advantages. 2. A company that custom-makes an imaging device
Mark the following statements as true or false
1. Capability-based advantages are more quantifiable than positional advantages.
2. A company that custom-makes an imaging device for physicians dealing with a certain type of cancer patient likely has a niche play business model.
3. One type of capability-based advantage is having good leadership in the company.
4. In the parternship business model, companies seek to have a diverse set of options for the customer so that customers choose their products over their competitors'.
5. In order to gain a positional advantage of your competitors, you should hire people who are highly skilled in their area of expertise.
6. The two types of competitive advantages are differentiated by their source. One type is related to external forces, and the other internal forces.
7. In the first mover business strategy, a company is the first to offer a product to the market.
8. A strong IP portfolio is one way to gain a positional advantage over other companies.
9. Two companies may share competitive advantage over the other.
10. Being the second company to enter a market (just after the first) is part of the me-too business strategy.
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