Reference no: EM133050125

Please provide answers to the following questions by answering A, B, C or D NO Explanations needed just the answers is fine thanks.

1) How many stages are there in the industry life-cycle?

a) 3
b) 4
c) 5
d) 6

2) As indicated in the Case, which of the following is NOT cited by the taxi industry as an example of the uneven playing field and unfair advantage of Uber?

a) Do not need to purchase commercial insurance
b) Do not have to perform mandatory maintenance
c) Do not have to have criminal record checks
d) Do not accept cash

3) Which of the following is NOT a characteristic of the maturity phase?

a) Intense rivalry between competitors
b) Focus on production and manufacturing efficiencies
c) Product differentiation
d) Incremental innovation

4) Grocery stores such as Loblaws, Sobeys and Longos are in what phase of the industry lifecycle?

a) Maturity
b) Decline
c) Growtha
d) Introduction

5) The endorsement of an organization form, industry or an activity by key stakeholders and institutions such as the government and general public, refers to:

a) Market Legitimacy
b) Dominant Design
c) Early Adopters
d) Sociopolitical Legitimacy

6) Which of the following is NOT cited as a reason for an industry or product category going into the decline phase?

a) Tariffs and trade barriers
b) Shifting consumer preferences and needs
c) Technological substitution
d) Changes in demographics

7) Which of the following does Jeremy Rifkin describe as an impact of technology on the changing nature of work?

a) The job itself is becoming an artifact
b) Mass production and large bureaucratic organization are vanishing
c) Unskilled labour is much less needed
d) All of the above

8) Which of the following is not a characteristic of the Growth phase?

a) Shakeout
b) Early Adopters
c) Standardization
d) Process Innovation

9) Which of the following is NOT a characteristic of the introductory phase of the industry life-cycle?

a) High degree of product innovation
b) Firms intensely focused on R&D
c) High levels of uncertainty
d) High levels of product differentiation

10) As indicated in the Case, which of the following is NOT cited as a characteristic which is suggested to differentiate Uber as a "car sharing app" from the taxi industry:

a) Fare rates are 50% lower and calculated in advance
b) Anyone with a car and license can become a driver
c) No cash is exchanged
d) No taxi sign is displayed