Question: 7.Which of the following statements about complementors is true? Complementors usually pose a threat to an industry due to taking away some of the market

7.Which of the following statements about complementors is true?

Complementors usually pose a threat to an industry due to taking away some of the market share.

They have little importance in high-technology industries.

They can enhance the sales of the industry products.

Only hard-to-imitate complementor add value to the industry.

They can substitute the products of the industry.

8.The mission statement of a company defines a desired future state and articulates what the company strives to achieve.

True

False

9.What is significant about the strategic groups that a company belongs to?

Members of a strategic group are indirect competitors of the company.

Members of a strategic group compete directly with the company.

Members of a strategic group contribute to the higher sale of the company's products and services.

Members of a strategic group are threatening for a company because of their substitute offerings.

Members of a strategic group are suppliers to the company.

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