A Firm Can Pre-Empt Imitation by

question 43

Multiple Choice

A firm can pre-empt imitation by

• A)vigorous legal action.
• B)threatening to imitate its imitators.
• C)introducing new products to fill each niche, investing in capacity ahead of market growth and filing many patents.
• D)none of these: imitators should be welcomed.

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Definitions:

Accommodation

In cognitive theory, the process of adjusting existing cognitive schemas to incorporate new information.

New Information

Fresh data or knowledge acquired that was previously unknown to the recipient.

Piagetian Process

A reference to the developmental and cognitive processes described by psychologist Jean Piaget, including stages of cognitive development and mechanisms of learning.

Accommodation

In cognitive development, the process by which individuals revise or adapt their cognitive schemas based on new experiences.