When Looking at the Typical Start-Up Strategy of a Classic

question 59

Multiple Choice

When looking at the typical start-up strategy of a classic innovator,which of the following statements is not true?

• A) Their market scope is a niche market.
• B) Industry attractiveness is moderate to high.
• C) They may use an elite supra-strategy.
• D) Innovation only happens during the introduction phase of the life cycle.

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Definitions:

Good Continuation

A Gestalt principle of perceptual organization that states that elements that appear to follow in the same direction are more likely to be seen as a continuous whole.

Contiguity

A principle of learning based on the idea that events occurring together in time or space are readily associated with each other.

Ossicles

The three small bones in the middle ear (the malleus, incus, and stapes) that transmit sound vibrations from the eardrum to the inner ear.

Latin Names

The system of naming living organisms and diseases with Latin or Latinized words, used for scientific classification in taxonomy and medicine.