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Strategic choices in an emerging industry are inherently subject to great uncertainty and risk with regard to competitors, industry structure, and competitive rules. Accordingly, a firm considering entry into an emerging industry:
A. Is least likely to be able to shape the industry structure at this stage.
B. Must be prepared for responding vigorously to competitors' moves.
C. May enjoy such benefits of pioneering as experience advantages and early commitment to suppliers.
D. Has little need to be concerned with industry cooperation.
Answer: C
Explanation:
Timing of entry is a critical choice. Pioneering firms face high risk but low barriers and may earn high returns. The following are factors favoring early entry:pioneering improves the firm's reputation, the learning curve (experience) advantage is important and will persist, customer loyalty will be high, and cost advantages (through early commitment to suppliers or distributors) can be secured.

NEW QUESTION: 2
Which transceiver/cable type combination is the most cost effective solution to connect a Cisco Nexus 5548UP switch to a Nexus 2232PP fabric extender within the same rack?
A. SFP-10GR with OM3 fiber cable
B. passive Twinax cable
C. SFP-10GR with OM4 fiber cable
D. Cisco FET-10G with OM3 cable
E. active Twinax cable
Answer: B

NEW QUESTION: 3
To ensure compliance with economic sanctions established by governmental authorities in the jurisdictions where it operates, a financial institution requires that all new and existing customers be screened at onboarding and quarterly thereafter.
Is this step sufficient to ensure compliance?
A. No, it is necessary to screen and perform enhanced due diligence on new relationships
B. Yes, this is recommended by the international guidance
C. Yes, screening all existing customer relationships ensures the institutions is not dealing with a sanctioned individual or entity
D. No, screening should occur promptly after list updates
Answer: B

NEW QUESTION: 4

A. Hitachi USP VM
B. Dell EMC Data Domain
C. NetApp Metro Cluster
D. IBM SVC
Answer: B


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