Question 16 of 30

1.0 PointsMonsanto’s NutraSweet artificial sweetener, Pfizer’s Viagra, and Pilkington’s float glass process are examples of: A. Weak regimes of appropriability

 B. Strong regimes of appropriability

 C. Technological inventions that were not successful

 D. Technological innovations based upon chemistry

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Question 17 of 30

1.0 Points“Shakeout” - a period when many firms exit from an industry following a period of intense competition - characterizes an industry’s transition from:

 A. Introduction to growth stage

 B. From growth to maturity

 C. From maturity to decline

 D. From product innovation to process innovation.

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Question 18 of 30

1.0 PointsIf companies are to challenge the conventional wisdom of their industries and achieve strategic innovation, Gary Hamel argues that they should: A. Build upon their core competences

 B. Acquire innovative start-up companies

 C. Reorganize their strategic planning processes

 D. Augment products and services to enhance customer value.

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Question 19 of 30

1.0 PointsHow does unpredictability in the environment influence the costs of organizing transactions within the form relative to transactions across markets? A. It saturates the management of contracts activity and external relationships

 B. It disrupts processes and procedures

 C. It tends to increase administrative costs of vertical integration because of the need for flexibility and speed

 D. It has no influence at all

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Question 20 of 30

1.0 PointsWarren Buffet’s distinction between a “franchise” and a “business” refers to: A. The advantage of starting a franchised business rather than an independent start-up

 B. The advantages that result from a distinctive differentiation advantage

 C. The importance of taking a contrarian approach in business

 D. The importance of selecting a business that is easy to manage.

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Status NEW Posted 15 Jun 2017 04:06 AM My Price 7.00

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