Executives in Defender Firms Are Most Likely to

question 65

Multiple Choice

Executives in defender firms are most likely to

• A) be concerned about the opportunity costs of not taking an action.
• B) support an outward-looking and opportunistic culture.
• C) base strategic decisions on careful analysis and experience in the industry setting.
• D) adopt a first-mover strategy to grab a dominant position in the industry.
• E) be more innovative than their counterparts in prospector firms.

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Definitions:

Telecommute

The practice of working from a remote location, typically one's home, using the internet and telecommunications technology.

Overhead Costs

Expenses associated with running a business that are not directly tied to creating a product or service, such as rent, utilities, and insurance.