To survive the Growth phase profitably, a firm NOT having all the attributes of a leading player could
A) sell the company to a more well-prepared rival.
B) operate as a specialist, niche player, thus avoiding the necessity to fully "scale up".
C) find another industry to move into.
D) none of the above; without the ability to dramatically scale up, the firm will fail.
Correct Answer:
Verified
Q42: The Decline phase of the industry life
Q43: To succeed as a leading player in
Q44: To survive going into the Maturity phase
Q45: The typical cause of the Decline phase
Q46: The key success factor for leading firms
Q48: Tools of strategic change include creating a
Q49: Often, to succeed in the evolution from
Q50: The key success factor in the Introduction
Q51: The determining factors of how calamitous the
Q52: Barriers to change include
A)organizational routines.
B)social and political
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