Answer the following statement(s) true (T) or false (F)

In principle, incumbents and entrepreneurs face the same challenges in finding new strategic positions, whereas in practice, incumbents often have an edge.


ANSWER: False

Business

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Suppose a banking market consists of banks that have the following shares of the market: 34 percent, 28 percent, 16 percent, 10 percent, 8 percent, and 4 percent. Calculate the HHI.

What will be an ideal response?

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Give two examples of enhancing services

What will be an ideal response?

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The purpose of tort law is to punish the wrongdoer

a. True b. False Indicate whether the statement is true or false

Business

Josh is a technological expert whose work with advanced broadband systems has made him one of the most high-profile figures at Takemodo Telecommunications, one of the world's leading technology companies. With his picture on the cover of magazines and his name popping up in blogs all over the Internet, Josh has a high degree of ________, which gives him influence over others.

A. substitutability B. centrality C. charisma D. discretion E. visibility

Business