Business Strategy Skill Assessment
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Business Strategy MCQ
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Free Sample Questions for Business Strategy
What is the term for factors which prevent competition from entering a market easily?
Cost-benefit Analysis
Solution-Based Planning
Barriers to Entry
Cost Comparisons
Answer:
Barriers to Entry
What is disruptive innovation?
Innovation that causes markets to collapse
Innovation that focuses on creating new markets or adding value to existing technologies in order to displace older technologies
Innovation that causes customers to think differently about a market
Innovation that focuses on taking competitive actions to ensure domination in the market
Answer:
Innovation that focuses on creating new markets or adding value to existing technologies in order to displace older technologies
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