Nokia and Intel have specific goals in the development of new products to support their strategies. Intel has had a strategic interest in the smartphone market, and Nokia is trying to overcome Apple's lead in this market with the iPhone. This is an example of
a. managerial hubris.
b. induced strategic behavior.
c. incremental innovation.
d. an innovation "born global."
Answer: b. induced strategic behavior.
Business
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The curve that shows the lowest possible cost for a given level of responsiveness is referred to as the
A) supply chain responsiveness curve. B) supply chain efficiency curve. C) cost-responsiveness efficient frontier. D) responsiveness spectrum.
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Coercive measures taken against a nation violating international law are called ________
A) quotas B) embargoes C) sanctions D) bribes
Business