IBM and Samsung Electronics Are Examples of Large,mature Corporations That

question 38

Multiple Choice

IBM and Samsung Electronics are examples of large,mature corporations that have:

• A)Sustained their positions as two of the world's most innovative companies in terms of patents awarded and new products launched
• B)Developed corporate systems that promote large-scale strategic change and the development of major new areas of businesses
• C)Demonstrate the potential of large established companies rich in complementary resources to outperform technology-based start-ups
• D)Demonstrate that strong leadership and centralized decision making is the key to corporate success during turbulent times.

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Definitions:

Oligopoly

A market structure dominated by a small number of large firms, leading to strategic interactions in setting prices and output.

Coca Cola

A carbonated soft drink brand known for its distinctive flavor, originally intended as a patent medicine.

Tacit Collusion

Cooperation among producers, without a formal agreement, to limit production and raise prices so as to raise one another’s profits.

Competing Producers

Entities or companies that are in the same market striving to gain market share by offering better products, price, or services.