Fast follower exists when - Study guides, Class notes & Summaries
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MARKETING 351 EXAM 1 CSUF LANCELLOTT|I 79 QUESTIONS AND ANSWERS|GUARANTEED SUCCESS
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star 
Fast growing market leader 
 
 
 
cash cow 
Generates more cash than it needs to maintain its market share. In a low growth market, but product has dominant market share 
 
 
 
question mark 
Shows rapid growth but poor profit margins. Low market share in high growth industry 
 
 
 
dog 
Low growth potential and a small market share 
 
 
 
SWOT Analysis 
Identifying internal strengths and weaknesses and also examining eternal opportunities and threats 
 
 
 
Penetration 
same products for ...
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OIM Final Exam 2023 questions and 100% correct answers
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Sustainable Competitive Advantage - correct answer Financial performance that consistently outperforms the industry average. 
 
Operational Effectiveness - correct answer Performing the same tasks better than rivals perform them. 
 
Strategic Positioning - correct answer Performing different tasks than rivals, or the same tasks in different ways. 
 
Commodity vs. Differentiated Goods - correct answer Commodity: Products or services that are nearly identical. 
Consumers are highly price focus...
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WGU D047 Roles and Responsibilities in an Interdisciplinary Team 100% Pass
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WGU D047 Roles and Responsibilities in an Interdisciplinary Team 100% Pass autocratic leadership · individual control over all decisions with little input from the team · make choices based on their own ideas and judgements · expect employees to do as they are told 
laissez-faire leadership · have an attitude of trust and reliance on their employees · don't micromanage or get too involved, don't give too much instruction or guidance · let employees use their creativity, resources and exp...
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instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
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Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
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instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
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- $37.49
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Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
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ISDS 705 - Module 1 questions and answers 2023
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ISDS 705 - Module 1 questions and answers 2023Sustainable Competitive Advantage 
Financial performance that consistently outperforms industry peers. 
 
 
 
Operational Effectiveness 
Refers to performing the same tasks better than rivals perform them, but the danger is "sameness." 
 
 
 
Fast Follower Problem 
Exists when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a lower cost. 
 
 
 
...
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CNUR 301 Exam Questions with Correct Answers
- Exam (elaborations) • 11 pages • 2024
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CNUR 301 Exam Questions with Correct Answers 
Managing consists of POSDCORB - Answer-Planning, Organizing, Staffing, Directing, Coordinating, Reporting, Budgeting 
 
Followership is frequently described as the - Answer-"Upward" influence" of individuals on their leaders and their team 
 
Mentors - Answer-A formal supportive relationship between two or more health professionals that has the potential result in professional growth and development for both mentors and mentees. A reciprocal relat...
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instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
-
- $38.59
- + learn more
Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
-
instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
-
- $36.19
- + learn more
Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
-
instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
-
- $38.72
- + learn more
Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
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