Dell, Previously the World's Number One PC Manufacturer, Has Seen

question 24

Multiple Choice

Dell, previously the world's number one PC manufacturer, has seen its market share shrink because of rivals copying its value chain and reducing the price advantage it enjoyed over rivals. Dell's present struggles:

• A) underscore the importance of continually assessing a firm's strategic position among changing market conditions.
• B) are a result of rivals adopting supply chain management of software products that have yielded competitive advantages.
• C) imply that publicly traded firms are at a disadvantage in the technology sector.
• D) highlight the fact that scale advantages of an established firm are a huge factor in discouraging newer entrants to a market.
• E) demonstrate that resource-based thinking can help firms avoid the trap of carelessly entering markets simply because growth is spotted.

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Definitions:

Hallucinations

False sensory perceptions, such as hearing voices that do not really exist.

Delusions

False beliefs held by a person who refuses to accept evidence of their falseness.

Bizarre Behavior

Actions or reactions that are highly unusual or extremely unconventional, often defying social norms.

Partial Dopamine Agonists

Medications that stimulate dopamine receptors in the brain to a lesser degree than full agonists, often used in treating schizophrenia.