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Questions and Answers

(497 solutions)

Multiple Select Question

Select all that apply

Which of the following are stages of the industry life cycle? 

Multiple select question.

Answer ModeMultiple Select QuestionYour Answer correctWhich of the following are stages of the industry life cycle? Multiple select question.multiplicationgrowthcorrectstandardizationintroductioncorrectmaturitycorrectdeclinecorrectshakeoutcorrectCorrect AnswerQuestiongrowthintroductionmatu...

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Multiple Choice Question

What happens during the last step of the innovation process?

Multiple choice question.

Your Answer correctWhat happens during the last step of the innovation process?Multiple choice question.The innovating firm incorporates the innovation into its product line.The firm turns the original idea into a concrete process or product.Competitors try to imitate the successful innovation....

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Multiple Choice Question

Entrepreneurs innovate by Blank.

Multiple choice question.

Answer ModeMultiple Choice QuestionYour Answer correctEntrepreneurs innovate by Blank______.Multiple choice question.commercializing new ideas and inventionscorrectincreasing demand for existing productslimiting competition in a given marketacquiring promising start-up companiesCorrect Ans...

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Fill in the Blank Question

Fill in the blank question.

-mover advantage refers to the competitive benefits that accrue to the successful innovator.

Answer ModeFill in the Blank QuestionYour Answer correctFill in the blank question.firstField 1Field 1 first , Correct Unavailable-mover advantage refers to the competitive benefits that accrue to the successful innovator.Correct AnswerQuestionField 1: First...

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Multiple Choice Question

What innovation of the second industrial revolution allowed for low-cost mass production of certain goods?

Multiple choice question.

Answer ModeMultiple Choice QuestionYour Answer correctWhat innovation of the second industrial revolution allowed for low-cost mass production of certain goods?Multiple choice question.the discovery of electricitythe invention of computersthe creation of the large-scale assembly linecorrectthe ...

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Multiple Choice Question

Which of the following is an example of invention?

Multiple choice question.

Answer ModeMultiple Choice QuestionYour Answer correctWhich of the following is an example of invention?Multiple choice question.Nike rereleasing an exact replica of a popular sneaker from the 1980sWalmart increasing the number of local and organic products in its storesApple combining smart ph...

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Multiple Choice Question

What best describes a comparative advantage like the one that emerged during the first industrial revolution?

Multiple choice question.

Your Answer correctWhat best describes a comparative advantage like the one that emerged during the first industrial revolution?Multiple choice question.It is when one nation is able to successfully harness the power of technological advances.It is when nations make all the goods they...

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Multiple Choice Question

What does the innovation process begin with?

Multiple choice question.

Answer ModeMultiple Choice QuestionYour Answer correctWhat does the innovation process begin with?Multiple choice question.an inventionan imitationan ideacorrectan innovationCorrect AnswerQuestionan idea...

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Ordering Question

Multiple Select Question

Select all that apply

What are elements of the industrial revolution of the 2020s? (More than one answer may be correct.)

Multiple select question.

Your Answer correctWhat are elements of the industrial revolution of the 2020s? (More than one answer may be correct.)Multiple select question.electronicsmass productionartificial intelligencecorrectcyber-physical systemscorrectCorrect AnswerQuestionartificial intelligencecyber-physical sy...

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Ordering Question

Click and drag on elements in order

Place the four steps of the innovation process in order from first to last. Place the first step at the top.

Drag and drop application.
Choice 1 of 4. Idea toggle button
Choice 2 of 4. Invention toggle button
Choice 3 of 4. Imitation toggle button
Choice 4 of 4. Innovation toggle button

Answer ModeOrdering QuestionYour Answer correctPlace the four steps of the innovation process in order from first to last. Place the first step at the top.Position 1 of 4 Idea correct toggle button unavailableIdeaPosition 2 of 4 Invention correct toggle button unavailableInventionPosition 3 of ...

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