Which of the following is true?

Question 8 options:

Disruptive innovations must perform better than incumbents when they first come to market.

Disruptive technologies come to market with a set of performance attributes that existing customers value.

Disruptive innovations simply need to perform well enough to appeal to the customers of the incumbents (and often do so at a lower price).

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.

Lower distribution costs.

Tighter feedback loop with clients.

Reduced risk of software piracy.

Question 10

Which of the following is not a source of switching costs?

Question 10 options:

Contractual commitment.

Learning costs.

Regulatory restrictions.

Financial commitment.

Question 11


Question 11 options:

Performing the same tasks better than rivals perform them.

Performing different tasks than rivals, or the same tasks, in a different way.

Attempting to occupy more than one position, while failing to match the benefit of a more efficient, singularly focused rival.

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.

When the offerings provided by firms are roughly the same, they are more commodity-like than differentiated.

Strategic positioning is performing the same tasks as do rivals, in an undifferentiated way.

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.

The resources must be tough to imitate (aka imperfectly imitable).

The resources must be rare.

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.

Open Source Software (OSS) often has more bugs than its commercial counterparts.

Open Source Software (OSS) is difficult to migrate to more powerful computers.

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.

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