All of the following are reasons why developing a new business opportunity from the ground up represents significantly greater risk, EXCEPT:
A. immediate need to gain access to a particular market
B. the length of time it may take to develop the competencies or capabilities internally to successfully compete
C. concerns over heightened competition and its potential for deteriorating margins and profitability
D. the long-term capital commitment required to generate the scale needed to ensure profitability and sustainability
E. creating new market space as a first mover
Ans: E. creating new market space as a first mover
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Which of the following labor shortage tactics is likely to be the fastest in terms of helping companies meet their labor shortage needs?
a. Outsourcing b. Employee Overtime c. New hires d. Employee Retention
Private industrial networks are direct descendants of:
A) e-procurement Net marketplaces. B) existing EDI networks. C) independent exchanges. D) industry consortia.