Question 1

Consider the following statement: "A firm competing in an embryonic industry cannot afford to lose its few customers,and so it should do everything it can to satisfy the needs of innovators." Do you agree or disagree,and why?

Accepted Answer

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Question 2

Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news.Which of the following is NOT a strategy for companies in these declining industries?

Accepted Answer

The answer of Music CDs and newspaper sales have been...

Question 3

Imagine that a new product becomes available to the public tomorrow-a personal transportation device that can move individuals or cargo from place to place instantly (yes,just like Star Trek).Industries such as airlines,auto manufacturing,railroads,and delivery services would immediately enter a severe decline.What advice would you give the firms in those industries? What strategies should they pursue,and why?

Accepted Answer

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Question 4

What advice would you give to a manager of a business in a fragmented industry about how to successfully compete? About how to achieve industry consolidation?

Accepted Answer

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Question 5

In his book Crossing the Chasm,Geoffrey Moore discusses some of the issues involved in marketing technologically new products as markets develop through different stages.What groups does Moore identify and what must companies do if they are to successfully cross the chasm?

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The answer of In his book Crossing the Chasm,Geoffrey Moore...

Question 6

Explain why a company in a fragmented industry would want to consolidate the industry.Discuss the strategies that they might use to do this.

Accepted Answer

The answer of Explain why a company in a fragmented...

Quiz 6: Business-Level Strategy and the Industry Environment

Consider the following statement: "A firm competing in an embryonic industry cannot afford to lose its few customers,and so it should do everything it can to satisfy the needs of innovators." Do you agree or disagree,and why?

Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news.Which of the following is NOT a strategy for companies in these declining industries?

What advice would you give to a manager of a business in a fragmented industry about how to successfully compete? About how to achieve industry consolidation?

In his book Crossing the Chasm,Geoffrey Moore discusses some of the issues involved in marketing technologically new products as markets develop through different stages.What groups does Moore identify and what must companies do if they are to successfully cross the chasm?

Explain why a company in a fragmented industry would want to consolidate the industry.Discuss the strategies that they might use to do this.