Is Lafarge’s commitment to the long-term supply of basic construction materials wise or should it prioritise judicious diversification?
What will be an ideal response?
Reliance on basic commodity products such as cement, concrete, aggregates and plasterboard is probably
unwise unless one is in a position to dominate the industry on a global scale. This has been Lafarge’s
(successful) strategy in recent years. Obviously, it would come badly unstuck if economic growth with
associated major construction projects stalls in future years. Longer term, this should not be a major
problem, but shareholders are rarely patient if a strategy cannot deliver in the medium term.
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After filing for a provisional patent, how long do you have before developing the idea into a working prototype?
a. 1 year b. 2 years c. 3 years d. 4 years
The stage in the evolution of a new product in which a pool of ideas is created is called
A. product development. B. screening. C. idea generation. D. test marketing E. business analysis.
The effects of economic conditions on consumers' ability and willingness to buy would best be called ____ forces.
A. technological B. sociocultural C. competitive D. economic E. legal and regulatory
The first function in the propagation phase for a network worm is for it to search for other systems to infect, a process known as scanning or __________
What will be an ideal response?