Firms Can Act Proactively by Introducing New Products or Technological

question 115

True/False

Firms can act proactively by introducing new products or technological capabilities after the competition has entered the market. Amazon and its online bookselling market is a good example of this.

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Definitions:

Process of Civilization

The process of civilization refers to the historical evolution of human societies towards more complex forms of social, political, and cultural organization and order.

Norbert Elias

A German sociologist known for his work on the theory of civilizing processes.

Dialectical Relationship

A concept wherein two opposing forces interact to create a new, synthesized condition, often in contexts of philosophy, sociology, and psychology.

Personal Troubles

Individual difficulties or problems that are privately felt and stem from events or feelings in a person’s life.