Which of the Following Supports the Contention That Pure Competitors

question 55

Multiple Choice

Which of the following supports the contention that pure competitors have a strong incentive to engage in R&D?

• A)Entry to purely competitive industries is easy, and thus profit from innovation is quickly competed away.
• B)Pure competitors cannot risk being complacent about innovation because a new product, production technique, or distribution method could undermine their normal
• C)Most purely competitive industries are increasing-cost industries.
• D)Pure competitors are happy to earn only a normal profit.

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Definitions:

Distributed Intelligence

A concept where knowledge and cognitive processes are spread across individuals, artifacts, and tools in a network or system.

Constructive Resistance

A form of opposition or protest that aims to bring about positive change through non-destructive methods.

Dysfunctional Resistance

Opposition or pushback that is harmful to organizational change efforts, often stemming from fear, misunderstanding, or lack of trust.

Performance Ratings

Assessments or evaluations of an employee's job performance over a specific period, typically based on predefined criteria and used for feedback or developmental purposes.