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Jump   to Navigation Frame   Your location: Assessments  ›  View All Submissions  › View Attempt  View Attempt 1 of 1  Title: Chapter 6 Started: September 28, 2010 8:02 PM Submitted: September 28, 2010 8:42 PM Time spent: 00:40:02  Total score: 29/30 = 96.6667%   Total score adjusted by 0.0  Maximum possible score: 30  1.   A turbulent or fast-changing industry environment is characterized by    Student Response Value Correct Answer Feedback A. rapid entry and exit of  participating firms  (there's an unusually  high competitor  turnover rate  compared to other  industries).      B. the need for industry  members to change  to radically different  strategies several  times a year  (company strategies  have a very short life).      C.  the rapid appearance  and disappearance of  industry driving forces  (such that the      
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  Student Response Value Correct Answer Feedback industry is in constant  turmoil). D.  rapid technological  change, short product  life cycles, the entry  of important new  rivals, lots of  competitive  maneuvering by  rivals, and fast- evolving customer  requirements and  expectations (all  occurring in a manner  that creates swirling  market conditions). 100%       E. All of these.      Score: 1/1  Comments:   2.   Competitive success in fast-changing markets tends to hinge on a company's ability to    Score:
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1/1  Comments:   3.   Entering into strategic alliances and collaborative partnerships can be competitively valuable because    Score: 1/1  Comments:   4.   Which of the following is  not  one of the benefits of outsourcing value chain activities presently performed in- house?   
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Score: 1/1  Comments:   5.   The central strategy-making challenge in a turbulent market environment is    Score: 1/1  Comments:   6.   For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a  company   
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Score: 1/1  Comments:   7.   Which of the following is typically the strategic impetus for forward vertical integration?    Score: 1/1  Comments:   8.   Which of the following is  not  usually a characteristic of competing in an emerging industry?   
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  Score: 1/1  Comments:   9.   In trying to deal with a turbulent, fast-changing market, a company's three strategic options are    Score: 1/1  Comments:   10.   A strategic alliance   
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  Score: 1/1  Comments:   11.   Which one of the following strategic actions is  not  well-matched to dealing with the transition from rapid growth  to industry maturity?    Score: 1/1  Comments:   12.  
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This note was uploaded on 03/30/2011 for the course ECON 5454 taught by Professor Jones during the Spring '11 term at East Central.

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