The Tendency of Existing Firms to Be Slow to Respond

question 16

Multiple Choice

The tendency of existing firms to be slow to respond to changes in the industry environment due to their large size,established routines,or prior strategic commitments to existing suppliers and customers is known as:

• A) monopoly costs.
• B) path dependency.
• C) incumbent inertia.
• D) technology trajectory.

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Definitions:

Perceived Pleasure

The subjective experience of enjoyment or satisfaction, particularly in the context of sexual activity.

Sexual Fantasy

Imaginary sexual thoughts or desires that can provide arousal, pleasure, or serve as a mechanism for coping with sexual repression or dissatisfaction.

Different Sexual Positions

Varied configurations or arrangements in which individuals engage during sexual intercourse or activities.

Target Market

A specific group of potential customers at whom a company aims its products or services, identified through various demographics, interests, or behaviors.