Which of the following is the most likely objective of a large organization with a mission
emphasizing growth in new markets?
A) increasing its market share within its current market, with the intent on dominating a
particular niche
B) improving its responsiveness to dynamic market conditions by shortening its product
development cycle time
C) increasing its brand reputation, or improving its customer service for high-end customers
D) increasing its market share by expanding geographically
D
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The U.S. Supreme Court hears new evidence and testimony that was not permitted in the U.S. district court
Indicate whether the statement is true or false
Which of the following is true of factor endowments according to Porter?
A. Basic factors, unlike advanced factors, are the most significant for competitive advantage. B. Basic factors can be upgraded by nations, while advanced factors are endowed by nature. C. The initial advantage provided by advanced factors is extended by investment in basic factors. D. Disadvantages in basic factors can create pressures to invest in advanced factors. E. Advanced factors include climate, location, and demographics.