Strategic Mgmt. Exam Quiz 6 A+ Pass
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Practice questions for this set
Learn 1 /7 Study with Learn
Prices are high due to high production costs because of small volumes of
production.
Choose an answer
Which of the following is a reason why customer demand for the products of an
1
embryonic industry is initially limited?
As markets develop, demand is initially slow, accelerates as the technology becomes
2 better understood and utilized, and then declines as demand is increasingly limited to
replacement demand.
3 In what industries do focus strategies tend to work best?
Suppose you are a manager in a fragmented industry. What are two strategies you
4
could pursue to consolidate your industry?
, Don't know?
Terms in this set (19)
As markets develop, True.
demand is initially slow,
accelerates as the
technology becomes
better understood and
utilized, and then declines
as demand is increasingly
limited to replacement
demand.
Which of the following is A decrease in the performance of the product
NOT a factor that leads to
the emergence of a mass
market for a product in a
growth industry?
Armando, a technology Innovator
enthusiast, is often willing
to pay premium prices to
always have the newest
tech gadgets. Armando
most likely belongs to
which of the following
group of customers.
Which of the following Phillip, who is ignorant about the newest uses of
individuals is most likely to technology and buys new products only when they
fall under the category of become an absolute necessity
laggards in the context of
customer groups?
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Prices are high due to high production costs because of small volumes of
production.
Choose an answer
Which of the following is a reason why customer demand for the products of an
1
embryonic industry is initially limited?
As markets develop, demand is initially slow, accelerates as the technology becomes
2 better understood and utilized, and then declines as demand is increasingly limited to
replacement demand.
3 In what industries do focus strategies tend to work best?
Suppose you are a manager in a fragmented industry. What are two strategies you
4
could pursue to consolidate your industry?
, Don't know?
Terms in this set (19)
As markets develop, True.
demand is initially slow,
accelerates as the
technology becomes
better understood and
utilized, and then declines
as demand is increasingly
limited to replacement
demand.
Which of the following is A decrease in the performance of the product
NOT a factor that leads to
the emergence of a mass
market for a product in a
growth industry?
Armando, a technology Innovator
enthusiast, is often willing
to pay premium prices to
always have the newest
tech gadgets. Armando
most likely belongs to
which of the following
group of customers.
Which of the following Phillip, who is ignorant about the newest uses of
individuals is most likely to technology and buys new products only when they
fall under the category of become an absolute necessity
laggards in the context of
customer groups?
