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?? 1 Among the disadvantages of acquisitions are the expensivepremiums that are frequently paid to acquire a business. (True /False)



?? 2 According to the text, effective e-teams identified groupmembers with a proper balance of technical and interpersonalskills. (True / False)


?? 3 Since electronic teams (e-teams) seldom meet face-to-face, itis not important for them to be concerned with how to combineindividual contributions effectively. (True / False)



?? 4 Explicit knowledge is generally known to everyone in the firmand is not a critical concern of management. (True / False)

?? 5 Creation of new knowledge typically involves the continualinteraction of explicit and tacit knowledge. (True / False)



?? 6 A potential pitfall of a focus strategy is that focusers canbecome too focused to satisfy buyer needs. (True / False)


?? 7 Firms that compete on overall cost leadership are vulnerableif all rivals share a common input or raw material that contributesa significant amount to total costs. (True / False)


?? 8 The experience curve concept suggests that production coststend to decrease as production increases regardless of where anindustry is at in its life cycle. (True / False)

?? 9 A successful differentiation strategy lowers entry barriersbecause of customer loyalty and the firm's ability to provideuniqueness in its products and services. (True / False)



?? 10 Social capital is a source of strength to many firms. Firmsleverage their social capital in an effort to create competitiveadvantages. A firm's social capital is based on:
1) An employee's individual abilities
2) The relationships among a firm's employees
3) A firm's allocation of financial resources
4) An individual's knowledge



?? 11 The use of information technology (e.g., e-mail) hasincreased in recent years in many organizations. This has helpedto:
1) Communicate information efficiently
2) Make more effective use of time in every situation
3) Restrict social network growth
4) Create smaller social networks



?? 12 In a given market, key technology no longer has patentprotection, experience is not an advantage, and there is a growingneed to compete on price. What stage of its life cycle is themarket in?
1) Introduction
2) Growth
3) Maturity
4) Decline

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manhokwe tawanda
manhokwe tawandaLv10
29 Sep 2019

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