Reference no: EM132807897

Conditions that create first-mover advantages include all of the following except

Multiple Choice

• an early lead enables the first mover to move down the learning curve ahead of rivals.
• a first-mover's customers face significant switching costs.
• pioneering helps build a firm's reputation and creates strong brand loyalty.
• the costs of pioneering are high relative to the benefits accrued.
• property rights protections thwart rapid imitation of the initial move.

The alliance between Microsoft and immuno-sequencing company Adaptive Biotechnologies can be called "strategic" because it serves all the following strategic purposes except

Multiple Choice

• contracts out certain value chain activities by both parties to outside vendors.
• builds, sustains, or enhances Microsoft's core competence in artificial intelligence.
• accelerates drug development and bring new therapies to patients sooner than if each party had "gone it alone."
• opens up important new healthcare market opportunities for both alliance members.
• blocks a competitive threat from Amazon to become a health care industry player.

Vertical integration does not involve

Multiple Choice

• expanding a firm's range of product and service segments within its product or service market.
• entering into a strategic alliance or joint venture.
• starting a firm's own operations in other stages of the virtual activity chain.
• acquiring a company already performing the activities it wants to bring in-house.
• engaging in a full integration, a partial integration, or a tapered integration.

The concept of blue-ocean strategies does not refer to

Multiple Choice

• providing a company with a great opportunity in the short run.
• market spaces that are untainted by competition and offer wide-open opportunity for profitable and rapid growth, but only if a company can come up with a product offering that allows it to create demand.
• seeing the business universe as consisting of two distinct types of market space.
• inventing a new market segment that renders existing competitors irrelevant.
• pursuing offensive strategies that involve a preemptive strike to secure an advantageous position in a mature market segment.

The primary objective of deploying a defensive strategy is to

Multiple Choice

• help protect a competitive advantage, to deploy competitive assets, and to build a sustainable competitive advantage.
• lower the risk of being attacked, to weaken the impact of any attack that occurs, and to influence challengers to aim their efforts at other rivals.
• lower the risk of being attacked, to hedge all financial transactions, and to pressure challengers to aim their efforts at other rivals.
• pressure challengers to aim their efforts at other rivals, to hedge all financial transactions, and to increase capital reserves.
• weaken the impact of any attack that occurs, to increase capital reserves, and to deploy resources efficiently.