Risk assumption is the best risk management tool when the change of loss is ________ and the potential severity of loss is ________

"Corporate amnesia" in global partnership is a term which refers to:

A) achieving world leadership by differentiation. B) short-term goals with no memory on how to compete. C) a relationship which is short lived. D) discontinuation of a partnership due to personal chemistry. E) losing national identity and ideology.

The primary opportunity existing for startups in fragmented industries is to ________

A) pursue a niche strategy, which focuses on a narrow segment of the industry that might be encouraged to grow through product or process innovation B) win customers by placing an emphasis on service and process innovation C) capture a first-mover advantage D) pursue a cost reduction strategy, which is accomplished through achieving lower costs than industry incumbents through process innovation E) consolidate the industry and establish industry leadership as a result of doing so