
The primary opportunity existing for startups in emerging industries is to:
A) consolidate the industry and establish industry leadership as a result of doing do
B) win customers by placing an emphasis on service and process innovation
C) pursue a niche strategy, which focuses on a narrow segment of the industry that might be encouraged to grow through product or process innovation
D) capture a first-mover advantage
E) pursue a cost reduction strategy, which is accomplished through achieving lower costs than industry incumbents through process innovation
Correct Answer:
Verified
Q26: A _ industry is an industry that
Q28: The Savvy Entrepreneurial Firm feature in Chapter
Q29: Henry Jones recently launched a firm in
Q29: Shelly James recently launched a firm in
Q30: Jill Pattersen is starting a firm in
Q37: John Petersen is thinking about starting a
Q42: According to the textbook, the first step
Q45: Opportunities for leadership, niche, harvest and divestment
Q52: According to the textbook, Nucor in steel,
Q56: The primary opportunity existing for startups in
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