Dell, previously the world's number one PC manufacturer, has seen its market share shrink because of rivals copying its value chain and reducing the price advantage it enjoyed over rivals. Dell's present struggles:
A) underscore the importance of continually assessing a firm's strategic position among changing market conditions.
B) are a result of rivals adopting supply chain management of software products that have yielded competitive advantages.
C) imply that publicly traded firms are at a disadvantage in the technology sector.
D) highlight the fact that scale advantages of an established firm are a huge factor in discouraging newer entrants to a market.
E) demonstrate that resource-based thinking can help firms avoid the trap of carelessly entering markets simply because growth is spotted.

Question

Quizplus · Accepted Answer

Dell's struggles highlight the need for firms to continuously evaluate and adapt their strategies in response to evolving market dynamics and competitive pressures.

Dell, Previously the World's Number One PC Manufacturer, Has Seen