According to Strategy Highlight 4

question 32

Multiple Choice

According to Strategy Highlight 4.3,Microsoft's eventual industry dominance is largely credited to:

• A) The lucky break that Bill Gates got when starting Microsoft leveraged into a highly effective strategy.
• B) Microsoft's financial resources and market position during the time of market entry.
• C) The attractiveness of the computing industry.
• D) The ability of Microsoft to continuously innovate which is a rare resource in the computing industry.

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Definitions:

Strong Cultures

Refers to business environments where the company's core values are both widely understood and intensely held by employees.

Low Turnover

A situation in which an organization or industry experiences a minor rate of employee departures and replacements, indicating stability or employee satisfaction.

Bureaucratic

Relating to a system of government or organization that is characterized by strict procedures, rules, and a hierarchical structure of authority.

Nonadaptive Organizational Cultures

Organizational environments that struggle to adjust to changes, potentially leading to stagnation or failure.