Question 21

a.) The 1991 dissolution of the Soviet Union and the 2020 COVID-19 outbreak are both examples of which of the following types of events?

Options: 1. Black Swan. 2. Base of Pyramid. 3. Just-in-time. 4. Just-in-case

b.) Evaluating the likelihood of the most disruptive events to a firm's operations is a basic part of _____.

Options: 1. stakeholder management. 2. scenario planning. 3. frugal innovation. 4. liability development

c.) Which of the following would be an example of a traditional flow of innovation?

Options: 1. Altering features of existing products to meet emerging market needs

2. Launching a product in and for emerging economies

3. Adopting an innovation first in emerging economies and then diffusing it around the world

4. Introducing products from emerging markets into developed markets

d.) Which view of global business suggests that the success and failure of firms are largely determined by their environments? Options: 1. Institution-based. 2. Stakeholder-based 3. Resource-based 4. Capability-based

Give explanatiom