stage of industry evolution, uniform quality is assumed.
Question 1.In the ___________ stage of industry evolution, uniform quality is assumed.
- embryonic
- growth
- maturity
- decline
Question 2.In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained.
- Trend analysis
- Alternative scenarios
- Delphi
- Time series
Question 3.Comparative growth rates of nations in the major industrial nations after World War II was ___________.
- normal
- exceptional
- negative
- remained the same
Question 4.In ________ societies, economic activity revolves around the manipulation and movement of “massive objects against friction and gravity.”
- modern
- industrial
- postindustrial
- contemporary
Question 5.The evolution of ___________ is a critical element in the formulation of a company’s strategy.
- resources
- business strategy
- corporate strategy
- industry structures
Question 6.In commercializing a new technology, finding new opportunities and _________ them are the key activities.
- inventing
- exploiting
- standardizing
- providing resources for
Question 7.In the __________ stage of industry evolution, there is a shakeout among the competition.
- embryonic
- growth
- maturity
- decline
Question 8.As industries mature, products become _______.
- specialized
- commodities
- scarce
- differentiated
Question 9.In many companies, innovative people are likely to be found in foreign operations, where ________ is less prevalent.
- strategy
- mission
- vision
- groupthink
Question 10.In the ________ stage of industry evolution, specialized channels are needed for distribution.
- embryonic
- growth
- maturity
- decline