Which of the following represent(s) strategic challenges of competing in a new industry?O A firm with a new technology may need to create or cooperate with an ecosystem.O Positioning may be impossible because there may be no suppliers, no customers, and no clearly identified competitors.O All answers are correct.O Technology strategy is highly dynamic; it's about moving quickly to create value, adapt to others, deal with uncertainty, influence the evolution of the industry, and shape the competitive landscape.O It may not be apparent who the potential entrants are or which products customers consider necessary complements and acceptable substitutes.

Strategic management is the process of planning, implementing, and evaluating an organization's…

Answered: Which of the following represent(s)…

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter18: Management Of Technology And Innovation

Section: Chapter Questions

Problem 3CTQ: What other uses and functions does Input Accel serve, and how will this be useful to Novartis over...

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The entries in the boxes in the center of a TOWS matrix represent A) the opportunities and threats within the external industry environment. B) the company's strengths and weaknesses C) the company's strengths and weaknesses and the threats and opportunities that exist in the external environment. D) possible strategic actions that company might take to address external conditions using the company's internal resources E) market challenges that top management needs to address
4.1) Creating a sustainable competitive advantage may be the most important goal of any organisation and may be the most important single attribute on which each business must prioritise. Explain the importance of managing information for sustaining competitive advantage.
1) Which of the following is NoT a reason for firms to participate in strategic alliances? a. To allow firms to combine their resources, capabilities, and core competencies. b. To develop oligopolies in a market and eliminate competition. C. To encourage beneficial partnerships between firms. d. To allow firms to pursue benefits in designing, manufacturing, or distributing goods. 2) A firm can create a competitive advantage: a. through either a cost leadership or differentiation strategy. b. by increasing its sales and net profit. c. only by ottering unique product features to the target market. d. only through implementing a cost lecdership strategy.
IDENTIFICATION: PLEASE PROVIDE AN ANSER ON THE FOLLOWING QUESTIONS. 1. This is a strategy primarily for achieving low-cost leadership among industry competitors 2. This is also known as channels that link the organization to its customer. 3. It determines the means to implement the strategies. 4. This includes both political and legal factors. 5. It is the function responsible for acquiring and evaluating market and consumer -based information for decision making. 6. A respondent can answer these questions in his/her own words. 7. It is the body of the survey questionnaire. 8. It is the stage in the process where the questionnaires are administered to the selected respondents. 9. She/he is the person who tries to convince others of the need for the product/services and influences the purchase decision. 10. It is a status hierarchy in which individuals and group.
3)Explain why competitive advantages in technology are temporary and describe the four methods of identifying competitive advantages as well as provide a use case for each method.
Identify one of the emerging technologies (or research stream) in the Gartner, MIT, and World Economic Forum readings. Do additional research include 4-5 citations about the topic. Perform an analysis of the technology and develop a strategic plan by which a company (either existing or new but be sure to specify) may decide to compete. The plan should be clearly supported by a framework or combination of frameworks (e.g. the socio-technical). In a analysis, pay attention to the prescriptions in the Khanna article and how it might help shape a strategy.
Which of the following represents the challenges of entrepreneurs? A) Absence of consistently administered (predictable) governance B) Reliable technology but not enough access C) Attainable Infrastructure D) Determined competitive responses E) All of the above
(BUSINESS STRATEGIC TO CONSUMER NEEDS) A billionaire from Russia is interested in investing in Indonesia. The investment is carried out in the form of making a spice startup company because Indonesia is rich in the best spices in the world. Several business model options are considered between offline, online, or hybrid. Competitive Threats and E-Business Strategic Decision (use assumption to accomplish the mini case) Explain the Competitive Threats Acting on the Digital Business from the "The Generic Strategy Process Model". Identify the ideal customers for target buyer and explain why? Demographic Psychographic Technology use
Three-line summaries of your brief observations on the following topics should be included: (what/why/advantage(s)/disadvantage(s)) The Manchester Method
Management value of enterprise systems Select one: a. Enable rapid responses to customer requests for information or products b. Another did not mentioned here. c. Provide firm wide information to support decision making d. Increase operational efficiency e. Include analytical tools to evaluate overall organizational performance
How is success measured when a firm pursues a focus strategy? Only industry-wide competitors can create similar value for the market segment. Broad-based competitors choose not to serve that same segment of the market. It is possible for the firm to pursue low cost and differentiation simultaneously. Firms are willing to link with suppliers and distributors to manage costs.
Take an organization of your choice and and give a brief description concerning: i. what it produces or sells ii. the industry it belongs to iii. the sector of the economy it belongs to iv. the government regulators in the sector 1. Conduct an environmental analysis for that organization i. Scan the organization's environment and identify at least 10 factors that affect the survival of the organization. ii. Monitor those factors (may be actual or based on assumed changes) iii. Forecast those factors into the next three years (assume how the factors will change in the next three years) iv. Do an assessment of the effects of the factors on the organization (how will those factors affect the organization in the next three veare and

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