Which of the following is true?
Question 8 options:
Disruptive innovations must perform better than incumbents when they first come to market. |
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Disruptive technologies come to market with a set of performance attributes that existing customers value. |
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Disruptive innovations simply need to perform well enough to appeal to the customers of the incumbents (and often do so at a lower price). |
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Early customers for a disruptive technology are part of the same “value network” as anything addressed by incumbent market leaders |
Question 9
Which of the following is not a benefit experienced by vendors of Software as a Service (SaaS)?
Question 9 options:
Opening development to multiple platforms to offer a wide variety of operating environments. |
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Lower distribution costs. |
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Tighter feedback loop with clients. |
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Reduced risk of software piracy. |
Question 10
Which of the following is not a source of switching costs?
Question 10 options:
Contractual commitment. |
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Learning costs. |
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Regulatory restrictions. |
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Financial commitment. |
Question 11
Straddling:
Question 11 options:
Performing the same tasks better than rivals perform them. |
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Performing different tasks than rivals, or the same tasks, in a different way. |
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Attempting to occupy more than one position, while failing to match the benefit of a more efficient, singularly focused rival. |
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Using technology to superimpose content, such as images and animation, atop of real-world images. |
Question 12
Which of the following statements is true?
Question 12 options:
When the offerings provided by firms are roughly the same, it increases profit for all the firms. |
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When the offerings provided by firms are roughly the same, they are more commodity-like than differentiated. |
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Strategic positioning is performing the same tasks as do rivals, in an undifferentiated way. |
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Operational efficiency refers to performing the same tasks better than rivals perform them. |
Question 13
The resource-based view of competitive advantage asserts that if a firm is to maintain a sustainable competitive advantage, it must control a set of exploitable resources that have four critical characteristics. Which of the following is not one of these four characteristics?
Question 13 options:
The resources must be valuable. |
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The resources must be tough to imitate (aka imperfectly imitable). |
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The resources must be rare. |
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The resources must be highly substitutable. |
Question 14
Which of the following is true?
Question 14 options:
Open Source Software (OSS) is typically not as robust as commercial software. |
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Open Source Software (OSS) often has more bugs than its commercial counterparts. |
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Open Source Software (OSS) is difficult to migrate to more powerful computers. |
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Vendors who use Open Source Software (OSS) may be able to skip entire segments of the software development process, and thereby be able to achieve quicker time to market. |