1780s
Multiple Choice Question
During which stage does a standard develop?
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During which stage does a standard develop?
Answer ModeMultiple Choice QuestionYour Answer incorrectDuring which stage does a standard develop?Multiple choice question.growthmaturityincorrectReason: Standards are needed and agreed upon before this stage.introductiondeclineCorrect AnswerQuestiongrowth...
Read MoreThe identifies how industries tend to develop and change over time.
Answer ModeMultiple Choice QuestionYour Answer correctThe Blank______ identifies how industries tend to develop and change over time.Multiple choice question.industry life cyclecorrectnetwork effectAFI frameworkVRIO strategyCorrect AnswerQuestionindustry life cycle...
Read MoreThe stage during which a new product has gained some acceptance, thus causing first-time buyers to eagerly acquire the product and accelerate demand, is the stage.
Answer ModeMultiple Choice QuestionYour Answer correctThe stage during which a new product has gained some acceptance, thus causing first-time buyers to eagerly acquire the product and accelerate demand, is the Blank______ stage.Multiple choice question.shakeoutinnovationgrowthcorrect...
Read MoreThe process in which change agents create new products or processes at significant economic risk is known as .
Answer ModeMultiple Choice QuestionYour Answer correctThe process in which change agents create new products or processes at significant economic risk is known as Blank______.Multiple choice question.entrepreneurshipcorrectfranchisingcompetitive advantagebrandingCorrect AnswerQuestionentre...
Read MoreA firm that successfully leverages network effects can .
Answer ModeMultiple Choice QuestionYour Answer correctA firm that successfully leverages network effects can Blank______.Multiple choice question.eliminate competitionbring its industry life cycle to a haltpush its industry into the growth stagecorrectestablish a permanent competitive adva...
Read MoreSelect all that apply
The second industrial revolution was marked by major breakthroughs in which three areas?
Answer ModeMultiple Select QuestionYour Answer correctThe second industrial revolution was marked by major breakthroughs in which three areas?Multiple select question.manufacturingcorrectagriculturetechnologycorrectproduction methodscorrectCorrect AnswerQuestionmanufacturingtechnologyproduction...
Read MoreSelect all that apply
First-mover disadvantages can include which of the following?
Answer ModeMultiple Select QuestionYour Answer incorrectFirst-mover disadvantages can include which of the following?Multiple select question.the need to continuously perfect a productcorrectthe need to compete on price instead of product featuresthe need to educate potential customers about th...
Read MoreYour Answer correctFill in the blank question.During the first industrial revolution, a(n) comparativeField 1Field 1 comparative , Correct Unavailable advantage emerged which is when each nation has a lower opportunity cost in producing one good over a different good.Correct AnswerQue...
Read MoreDuring the introductory stage of the industry life cycle, innovators will likely devote most of their time, money, and effort to .
Answer ModeMultiple Choice QuestionYour Answer correctDuring the introductory stage of the industry life cycle, innovators will likely devote most of their time, money, and effort to Blank______.Multiple choice question.human resource recruitmentmanagementoperations managementresearch and ...
Read MoreDrag each industrial revolution wave to the period in which it occurred.
1780s
1870s
1970s
2020s
Answer ModeMatching QuestionYour Answer correctDrag each industrial revolution wave to the period in which it occurred.1780s1780s Drop zone Steam power, mechanization correct Toggle Button Unavailable.Steam power, mechanization1870s1870s Drop zone Electricity, mass production, the assembly line...
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