Chasm between early adopters and early majority

Assignment Help Operation Management

Reference no: EM132230976

1. Which of the following is not true about capitalism?

a) passage of the patient protection and affordable care act marked thr united states movement away from capotalism

b) capitalism refers to an economic system where businesses are privately owned with a strong individualtistic profit orientation.

c) individual gains and losses of wealth cam be very large

d) individual incentives are at the core of capitalistic economic ideology.

e) very little role for government exists in a purely capitalistic or "free market" economic system.

2. Which of the following statements is true?

A platform business usually must rely on pipeline businesses to connect it with consumers.

A platform business exists to help make matches among users and facilitate the exchange of goods, services or social currency.

Platform businesses have a major weakness: they are not very successful at value creation.

Platform businesses are dependent on electronic media and thus are a new development in the business world.

3. A firm operating on a 70 percent learning curve will achieve lower per-unit costs after doubling its output than a firm operating on an 80 percent learning curve will.

True or False

4. Marble Inc. is a new firm that entered the smartwatch industry during the growth stage of the industry life cycle. It managed to become one of the top-three smartwatch manufacturers during the shakeout stage due to its low-cost structure. What features should Marble emphasize in its product marketing to ensure it successfully crosses the chasm into the maturity stage?

advanced capabilities

sleek and trendy design

ease of use

the company's outsider stat

5. When does a firm fall into the large competitive chasm between early adopters and early majority?

when the early majority create herding effects for its products

when it cannot attract technological enthusiasts to try the beta versions of its products

when it fails to successfully launch a mass-market version of its product

when it creates strong network effects during the growth stage

Reference no: EM132230976

Questions Cloud

Distinctive characteristics of radio advertising : List and explain, using examples, five guidelines for writing effective radio commercials that address the distinctive characteristics of radio advertising?

The highest and fundamental law : The Highest and fundamental law in the United States is called:

Some inherent biases of the performance evaluators : What is the ethical dilemma behind the process of Performance Appraisal. What are some inherent biases of the Performance Evaluators?

Work to promote ethics in governmental organizations : Promoting Ethics From the Headlines: Share recent news stories that highlight individuals that work to "promote ethics" in governmental organizations.

Chasm between early adopters and early majority : Which of the following is not true about capitalism? When does a firm fall into the large competitive chasm between early adopters and early majority?

Global business environment is challenging for companies : Remaining competitive in today's global business environment is challenging for most companies.

What is awareness as driver of competitive behavior : In what ways do the interests of a firm’s managers differ from the firm' s owners? What is awareness as a driver of competitive behavior?

New systems help plan international manage : What types of systems were used for the solution in New Systems Help Plan International Manage Its Human Resources?

How does digital marketing help business growth : How does digital marketing help business growth. Explain what a market share is and how business growth is established.

User Account

All Pages