Multiple Choice Question
Which statement describes the long tail?
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Which statement describes the long tail?
Your Answer correctWhich statement describes the long tail?Multiple choice question.A small amount of revenue derived from a large number of units among a small number of choicesA small amount of revenue derived from a small number of units among almost unlimited choicesA large amount of revenu...
Read MoreThe negative effect of innovative ride-sharing services, such as Uber and Lyft, on traditional taxi cab companies is an example of:
Answer ModeMultiple Choice QuestionYour Answer correctThe negative effect of innovative ride-sharing services, such as Uber and Lyft, on traditional taxi cab companies is an example of:Multiple choice question.corporate social responsibility.peer management.an adoption process.creative destruct...
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What statements about innovation are true?
Answer ModeMultiple Select QuestionYour Answer correctWhat statements about innovation are true?Multiple select question.It can make existing products or businesses obsolete.correctIt can provide firms with a competitive advantage.correctIt can never be a basis for competitive advantage.It can ...
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In order for a firm to successfully implement a business-level strategy, it must limit the impact of which of the following?
Answer ModeMultiple Select QuestionYour Answer correctIn order for a firm to successfully implement a business-level strategy, it must limit the impact of which of the following?Multiple select question.external threatscorrecttechnological advancementsconsumer demandits own internal weaknessesc...
Read MoreTrue or false: Formulating a business strategy is a relatively easy task because only a few strategic options are available.
Answer ModeTrue or False QuestionYour Answer correctTrue or false: Formulating a business strategy is a relatively easy task because only a few strategic options are available.True false question.TrueReason: Although only a few strategic options may be available when achieving competitive ...
Read MoreThe horizontal connection of the points of each value on the strategy canvas is known as .
Answer ModeMultiple Choice QuestionYour Answer correctThe horizontal connection of the points of each value on the strategy canvas is known as Blank______.Multiple choice question.the generic approachdifferentiationthe value curvecorrectthe competitive factorCorrect AnswerQuestionthe value...
Read MoreA struggling retailer seeking to implement a blue ocean strategy is likely to experience difficulty with .
Answer ModeMultiple Choice QuestionYour Answer correctA struggling retailer seeking to implement a blue ocean strategy is likely to experience difficulty with Blank______.Multiple choice question.locating products that satisfy customer needscutting costs and increasing value at the same ti...
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Which of the following are questions that managers must answer when pursuing value innovation?
Answer ModeMultiple Select QuestionYour Answer correctWhich of the following are questions that managers must answer when pursuing value innovation?Multiple select question.which new product factors to createcorrectwhich product factors to eliminatecorrectwhich product factors to reduce below t...
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What are the two factors upon which the success of strategy of either cost leadership or differentiation is built?
Answer ModeMultiple Select QuestionYour Answer incorrectWhat are the two factors upon which the success of strategy of either cost leadership or differentiation is built?Multiple select question.the regulatory environmentexternal opportunities in the marketincorrectconsumer needsincorrectthe fi...
Read MoreWhat must strategic leaders keep in mind if they are going to achieve successful strategic positioning?
Your Answer correctWhat must strategic leaders keep in mind if they are going to achieve successful strategic positioning?Multiple choice question.They must work within existing areas of competition rather than trying to open new ones.Although understanding their firm is crucial, understanding ...
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