QUIZ CH 2

Chapter 2 is about.....

• Generating and exploding new entry strategies

• Genting and exploiting new entry strategies

• Generating and exploiting new entry strategies

• Getting new and old entry strategies

Two stage of Entrepreneurial Strategy are

• STAGE 1: New entry generation

  STAGE 2: New entry epilation

• STAGE 1: New entre generation

  STAGE 2: New entre exploitation

• STAGE 1: New entre generation

  STAGE 2: New entre epilation

• STAGE 1: New entry generation

  STAGE 2: New entry exploitation

Entrepreneurial strategy is a set of .......... , .......... and ........that generate, and exploit, a new entry over time

• decisions, options, and reactions

• decisions, actions, and reflections

• decisions, actions, and reactions

• none the above

Market knowledge include all the criteria except...

• Information

• Skills

• Trick

• Ideas

Window opportunity define as..

• Favorable environment for entrepreneurs to exploit a new entry

• Entrepreneur starts from a position of less ignorance

• Entrepreneur willingness to make a decision without perfect information

• None of the above

Lead time can be define as

• Gross period in which the first mover operates in the industry under conditions of limited competition

• Grand period in which the last mover operates in the industry under conditions of limited competition

• Google period in which the first mover operates in the industry under conditions of limited competition

• Grace period in which the first mover operates in the industry under conditions of limited competition

They are two market scope strategies, which are...

• Borrow AND broad strategy

• Narrow AND broad strategy

• Narrow AND bread strategy

• Sorrow and broad strategy

Imitation strategies advantages are....except

• Reduce cost for R&D

• Reduce customer uncertainty

• Enhancing necessary skill

• Enhancing awkward skill

Risk reduction strategies for new entry exploitation include..except

• Risk

• Liabilities of newness

• Asset of newness

• Franchising

Liabilities of newness arise from few situations except...

• Conflict among employee

• Cost of learning new task

• Cost in asking people

• Educate new employee