Answer the following statements true (T) or false (F)

Question

1. Microsoft has been accused of adapting competitors' products after those firms spent the resources and took the risks to develop them. Companies with this strategy are known as analyzers by Miles and Snow. 
2. Blockbuster Video was slow to adapt to the latest trends in its industry, such as DVD-by-mail and movie downloads online. When it tried to incorporate the same into its business model, it was well behind competitors like Netflix. Blockbuster might be defined as a defender, according to Miles and Snow. 
3. Eastman Kodak, though it actually invented the digital camera, was slow to move into the production of this product as well as digital printers. Its continued reliance on traditional 35mm film production and processing, which resulted in its bankruptcy, makes it a reactor according to Miles and Snow. 
4. The process of a business cycling through decisions first to select products and markets, then about producing and delivering the products, and finally to establish roles and processes is known as the discovery cycle. 

Answer 1

1. TRUE
Analyzers let other organizations take the risks of product development and marketing and then imitate what seems to work best. For years, Microsoft has been accused of taking this approach.
2. FALSE
The Reactor is passive and reactive, making adjustments only when finally forced to by environmental pressures. In the worst cases, they are so incapable of responding fast enough that they suffer massive sales losses and are even driven out of business.
3. TRUE
The Reactor is passive and reactive, making adjustments only when finally forced to by environmental pressures. In the worst cases, they are so incapable of responding fast enough that they suffer massive sales losses and are even driven out of business.
4. FALSE
The adaptive cycle portrays businesses as continuously cycling through decisions about three kinds of business problems: (1) entrepreneurial (selecting and making adjustments of products and markets), (2) engineering (producing and delivering the products), and (3) administrative (establishing roles, relationships, and organizational processes).