In Many Cases, Pioneers Lose Their Market Lead and Initial

question 130

Multiple Choice

In many cases, pioneers lose their market lead and initial market share to imitators who

• A)capitalize on the pioneers' weaknesses.
• B)create similar products with reduced value to consumers.
• C)utilize alpha-beta testing.
• D)ignore patents and copyrights.
• E)target late maturity consumers.

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Definitions:

Human Resource Management

The strategic approach to the effective management of people in an organization, so that they help the business gain a competitive advantage. It's designed to maximize employee performance in service of an employer's strategic objectives.

Motivating

The process of encouraging or inspiring individuals or groups towards achieving certain goals or desired behaviors.

Staffing

The process of hiring, positioning, and overseeing employees in an organization.

Informational Roles

Functions or tasks primarily focused on the collection, processing, and dissemination of information, often associated with managerial and leadership positions.