Question 12

Uncertain imitability is one type of isolating mechanisms. [See p.175]

Group of answer choices

True

False

Question 13

According to Porter, cost leadership and differentiation are: [See p.198]

Group of answer choices

What leads a firm to "be stuck in the middle"

Two names for the same fundamental strategy

Distinct generic strategies

Strategies that can be pursued simultaneously

Question 14

Product integrity refers to the consistency of a firm's differentiation across all differentiated features - it is the balance of the overall impression left on most customers' minds [See p.193]

Group of answer choices

True

False

Question 6

"Punctuated equilibrium" refers to the tendency for organizations to follow a gradual process of transition from one equilibrium to another [See pp.217-218]

Group of answer choices

True

False

Question 12

The steam engine was a disruptive innovation for the builders of ocean-going sailing ships because steam ships were initially slower and less reliable than sailing ships. [See p.221]

Group of answer choices

True

False

Question 20

With the onset of the maturity stage, the number of firms in most industries: [See p.212]

Group of answer choices

Remains stable

Decreases significantly, then stabilizes

Rises

Rises sharply until shake-out is triggered