If a Company Wishes to Be a Technological Follower and Also

question 73

Multiple Choice

If a company wishes to be a technological follower and also pursue a differentiation strategy,the appropriate R&D strategy would be to

• A) adapt the product or delivery system more closely to buyer needs by learning from the leader's experience.
• B) value activities by learning from the leader's experience.
• C) avoid R&D costs through imitation.
• D) create low-cost ways of performing value activities.
• E) innovate in other activities to increase buyer value.

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Definitions:

Erikson's Theory

A developmental theory that outlines eight stages of psychosocial development, each characterized by a central conflict that individuals must resolve to develop healthily.

Fifth Stage

In Erik Erikson's theory of psychosocial development, the fifth stage is "Identity vs. Role Confusion," a period during adolescence when individuals explore their identity and sense of self.

Crisis Resolution

The process of identifying, confronting, and resolving psychological, social, or economic emergencies, restoring stability and equilibrium.

Favorable Outcome

A result or end-point that is beneficial, positive, or desirable in nature, often in the context of goals, plans, or expectations.