The Primary Opportunity Existing for Startups in Fragmented Industries Is

question 61

Multiple Choice

The primary opportunity existing for startups in fragmented industries is to ________.

• A) pursue a niche strategy, which focuses on a narrow segment of the industry that might be encouraged to grow through product or process innovation
• B) win customers by placing an emphasis on service and process innovation
• C) capture a first-mover advantage
• D) pursue a cost reduction strategy, which is accomplished through achieving lower costs than industry incumbents through process innovation
• E) consolidate the industry and establish industry leadership as a result of doing so

Identify the applications and operation of fiber optic and photoelectric sensors.

Understand the basic operations and uses of encoders and servo motors.

Comprehend ladder logic and the flexibility in control process implementation.

Understand the impact of different artistic movements and their representative styles in American art.

---

Definitions:

Micromanagement

A management style characterized by excessive control or attention to details, often to the detriment of overall performance.

Management Openness

A set of leadership behaviors particularly relevant to subordinates’ motivation to voice their opinion.

Encourages Subordinates

Inspires or motivates lower-ranking employees to perform well and be positive about their tasks and work environment.

Voice Opinion

The act of expressing one's thoughts, beliefs, or judgments openly.