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Questions and Answers
Which of the following is NOT a strategy option for competing in emerging industries?
Which of the following is NOT a strategy option for competing in emerging industries?
- Pushing hard to perfect technology
- Moving quickly when technological uncertainty clears
- Consolidating market share (correct)
- Employing a bold, creative strategy
What are the two most important drivers shaping a firm's strategic options?
What are the two most important drivers shaping a firm's strategic options?
- Competitive capabilities and best opportunities
- Firm's competitive capabilities and market position
- Best opportunities and market position
- Nature of industry and competitive conditions (correct)
Which strategy is recommended for companies in declining industries?
Which strategy is recommended for companies in declining industries?
- Strategies for runner-up firms
- Strategies for weak businesses (correct)
- Strategies for sustaining rapid growth
- Strategies for industry leaders
What is the recommended strategy for companies in fragmented industries?
What is the recommended strategy for companies in fragmented industries?
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What is the overview of the chapter about?
What is the overview of the chapter about?
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