Analysis of competitive advantage in mature industries shows that:
A) Competitive advantage has completely disappeared
B) Fewer opportunities for competitive advantage exist and most have shifted from differentiation-related factors to cost-related factors
C) Competition increases, as do cases of unfair behavior
D) The opportunity for competitive advantage is not significantly different from early stages of the industry life cycle
Correct Answer:
Verified
Q36: To achieve strategic innovation you need to:
A)Break
Q37: Strategic innovation:
A)Goes beyond strategic rethinking
B)Goes way beyond
Q38: Tires, brassieres, and fishing rods are mature
Q39: In the "experience economy", firms try to:
A)Offer
Q40: Strategic innovation is defined as:
A)A third phase
Q42: Maturity implies that an industry:
A)Is close to
Q43: For mature industries three cost drivers are
Q44: Differentiation exists in the early stages of
Q45: Filing patents on new products or processes
Q46: Once product and process innovation have slowed,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents