Narrative 7-3
Kodak recognized that digital photography was a threat to the future growth of the company. Therefore, the company decided to become a market leader in digital imaging.
-Refer to the Narrative 7-3.In order to maintain a competitive advantage in the clothing industry,Levi's had to create new,more efficient methods of dealing with its suppliers.What is the term for the process of Levi's discontinuing inefficient methods of dealing with suppliers through substituting electronic networks for outdated systems?
A) dominant design
B) competitive advantage
C) innovation stream
D) comparative differential

Question

Quizplus · Accepted Answer

The term for the process of Levi's discontinuing inefficient methods of dealing with suppliers through substituting electronic networks for outdated systems is innovation stream. It refers to the flow of new ideas into an organization, which includes discontinuing old methods and adopting new ones. The other options, dominant design and comparative differential, do not apply to this situation. Competitive advantage is important for Levi's but not related to this specific process.

Narrative 7-3 Kodak Recognized That Digital Photography Was a Threat to the to the Future