A firm can pre-empt imitation by:
A) Vigorous legal action
B) Threatening to imitate its imitators
C) Introducing new products to fill each niche, investing in capacity ahead of market growth and filing many patents
D) None of these: imitators should be welcomed.
Correct Answer:
Verified
Q47: "Strategic innovation" involves:
A)Limitless financial and organizational resources
B)Spending
Q48: Schumpeter's "gale of creative destruction":
A)Helps all firms
Q49: Competitive advantage can be defined as:
A)The difference
Q50: A firm with a competitive advantage other
Q51: Competitive advantage:
A)Exists only when an industry is
Q53: Once established, competitive advantage is:
A)Relatively stable over
Q54: The simple form of the "theory of
Q55: To imitate the competitive advantage of another
Q56: If a firm's competitive advantage comes from
Q57: "Strategic innovation" means introducing:
A)New products
B)New markets
C)New technologies
D)All
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