According to Anderson and Tushman,in the Era of Incremental Change,firms

question 15

Multiple Choice

According to Anderson and Tushman,in the era of incremental change,firms:

• A) attempt to achieve lower market segmentation by offering different models and price points.
• B) undergo a period of turbulence and uncertainty.
• C) focus on efficiency and market penetration.
• D) focus on altering the architecture rather than improving components.

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Definitions:

Transnational Strategy

A business model that involves operating in multiple countries with flexible strategies tailored to each market's needs, combining global efficiency with local responsiveness.

Polycentric View

An approach in international business that emphasizes the importance of local customs, values, and market conditions in strategic decision-making.

Strategic Implications

The potential long-term effects or consequences of specific strategies on an organization’s overall direction and success.

Globalization Strategy

A business approach that involves planning and implementing methods to operate and compete on a global scale.