When an Industry Is Subject to Technological Change,the Ability of New

question 43

Multiple Choice

When an industry is subject to technological change,the ability of new entrants to displace incumbent firms will be increased if:

• A)The technological change represents an architectural innovation rather than component innovation
• B)The technological change is competence enhancing rather than competence destroying
• C)Incumbent firms are insufficiently attentive to the industry's largest customers
• D)Incumbent firms are geographically dispersed.

Appreciate the complexities and multiple factors influencing economic cycles and stability.

Understand the significance and application of positive and negative reinforcement in the workplace.

Recognize the importance of an appropriate compensation strategy based on individual risk tolerance and motivation.

Identify factors that contribute to or hinder the development of team spirit and teamwork within an organization.

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Definitions:

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent upon how well their leadership style matches the situational context.

Transactional View

A perspective in communication theory that views exchanges and interactions as dynamic processes of mutual influence rather than linear cause-and-effect sequences.

Unprotected Sex

Sexual activity without the use of barriers or contraceptives, increasing the risk of sexually transmitted infections and unintended pregnancies.

Attractive Partner

An individual deemed appealing or desirable as a mate, based on physical attributes, personality, or other traits.