Which of the following represent(s) strategic challenges of competing in a new industry? O A firm with a new technology may need to create or cooperate with an ecosystem. Positioning may be impossible because there may be no suppliers, no customers, and no clearly identified competitors. O All answers are correct. O Technology strategy is highly dynamic; it's about moving quickly to create value, adapt to others, deal with uncertainty, influence the evolution of the industry, and s O It may not be apparent who the potential entrants are or which products customers consider necessary complements and acceptable substitutes.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter14: Marketing Channels And Supply Chain Management
Section14.2: Adm: The Link From Farm To Table
Problem 1C
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Which of the following represent(s) strategic challenges of competing in a new industry?
O A firm with a new technology may need to create or cooperate with an ecosystem.
O Positioning may be impossible because there may be no suppliers, no customers, and no clearly identified competitors.
O All answers are correct.
O Technology strategy is highly dynamic; it's about moving quickly to create value, adapt to others, deal with uncertainty, influence the evolution of the industry, and shape the competitive landscape.
O It may not be apparent who the potential entrants are or which products customers consider necessary complements and acceptable substitutes.
Transcribed Image Text:Which of the following represent(s) strategic challenges of competing in a new industry? O A firm with a new technology may need to create or cooperate with an ecosystem. O Positioning may be impossible because there may be no suppliers, no customers, and no clearly identified competitors. O All answers are correct. O Technology strategy is highly dynamic; it's about moving quickly to create value, adapt to others, deal with uncertainty, influence the evolution of the industry, and shape the competitive landscape. O It may not be apparent who the potential entrants are or which products customers consider necessary complements and acceptable substitutes.
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing