Gaining new capabilities or competencies is one of the three main reasons companies Blank______.Multiple choice question.enter new marketseliminate employeesmake acquisitionssubmit to hostile takeovers

One reason why a firm might enter into a strategic alliance is to Blank______.Multiple choice question.weaken competitive positionincrease the number of entrants in the marketexit marketshedge against uncertainty

An unfriendly acquisition of one company of another is known as a(n) Blank______.Multiple choice question.equity alliancemergerhostile takeoverjoint venture

When companies pursue operations that require new capabilities,Multiple choice question.they are likely to find that new businesses across the value chain have the same success factors as their core operation.they are unlikely to experience difficulties realizing early profits from the new operations.they may find that the new operations require skills that the company lacks.they are likely to enhance their capacity to keep pace with changes in technology.

Multiple Choice QuestionEntry of new firms into monopolistically competitive industries is relatively easy because Blank______.Multiple choice question.existing firms experience economies of scaleadvertising is not requiredcapital requirements are lowcompetitors are large firmsproduct development is unnecessary

Multiple Choice QuestionBecause a firm's entrepreneurs receive only the revenue left over after all other factors of production have been paid, they are considered Blank______.Multiple choice question.executivesstockholdersresidual claimantsincentive functions