Why Are Early Entrants into Newly Emerging Industries,particularly Industries Based

question 21

Multiple Choice

Why are early entrants into newly emerging industries,particularly industries based on new technologies,especially likely to be internally focused and not very market-oriented?

• A)strong competition during the formative years
• B)rapid growth in demand for the new product
• C)customer demand less than available supply
• D)resource constraints rarely an immediate threat to survival

---

Definitions:

Industrial Engineering

A field of study concerned with analyzing work methods and establishing time standards.

Job Design

The process of outlining how a job or a set of tasks is organized, including the tasks' nature, how they are performed, and the interactions that occur.

Job Specifications

A detailed description of the qualifications, skills, and experience required to perform a specific job.

Performance Appraisal

A regular review and evaluation of an individual's job performance and overall contribution to an organization.