Seeing Entrepreneurially - Industry Status
13 important questions on Seeing Entrepreneurially - Industry Status
What is meant by the term industry status?
By studying ________ ______, aspiring entrepreneurs can assess the industry's timeliness for new entrepreneurial entrants.
Industry lifecycle examines what?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What are the 3 broad categories of the industry lifecycle continuum?
Depending on the maturity of the industry, the costs to _____ and _______ effectively differ dramatically.
Which lifecycle industries are typically the easiest and most cost effective for entrepreneurs to compete within?
Which lifecycle industries are mostly dominated by large, established companies?
________ _________refers to the nature of barriers to entry and competitive dynamics within the industry, with an emphasis on capital intensity, advertising intensity, company concentration, and average company size.
_______ _________ is the amount of money required to enter and compete in the industry.
___________ _________ addresses the importance of advertising and branding to the success of competitors in a specific industry.
Which is the preferred scenario for new ventures: High advertising intensity, or low advertising intensity?
_______ _______ ____ refers to the level of resources (money, employees, etc.) of competitors.
Industries with a _____ number of _____-_____ competitors present the preferred scenario for new ventures.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
