Kindly answer the question 53 to 71 just answer true or false only. some answers fill in blanks only.

63. Often, successful imitation of the first mover's innovations allows the second mover to refers to the extent to avoid the mistakes and the major investments required of the pioneering first movers. 64. The first mover can expect a successful second-mover competitor to study its market 54. Awareness tends to be greiter foben. firms have highly simitax resources (in teens of types entries and to respond with a new entry into the market within a short time period. and amounts) to use which compoting aroainst markets. 65. Thus, a corporate-level strategy specifies actions a firm takes to gain a competitive 55. Market commonatity afficots the form s geroeptions and resultiog rootivation. advantage by selecting and managing a group of different businesses competing in 56. For example, a fimm is generally mone lithely to attack the rival with whom it has low market different product markets. commonality than the one frith retion it competes in muttiple markets. 66. Firms can acquire competitors (....... = or buy a supplier or customer (vertical 57. Similar resources suggest similan alositities to lattack and respond. integration) 67. Because the diverified firm operates in several different and unique product markets and likely in sevenal businesses, it forms two types of strategies: corporate-level (companywide) and butiness-level (competitive) 68. As is the case with a business-level strategy, a corporate-level strategy is expected to help the firm earn above-t - Crage returns by creating value.6 Some suggest that few corporate- Response" factors (suoti as the taccor s reputation). level strategies actually create value. 60. A competitive response is a cutategio or taction action the firm takes to counter the effects 69. Product diversification, a primary form of corporate-level strategies, concems the scope of of a competitors competitive laction the markets and infustries in which the firm competes as well as "how managers buy, 64. In general, first nowers emphasize resennch and detelopment (ReD) as a path to develop create, and sell different businesses to match scills and strengths with opportunities innovative goods and sentices that custromers will value. presented to the firm ' 62. To be a first nover, the finn nust have the readily available resources to significanthy 70 Firms that focus on one or wery feem businesses and markets can eam positive retums, invest in RexD as nell as to mapiaty and successfally produce and market a stream of because they develop and can provide superior service to their innovative products. eustomers: 11 While each is distinct, some similar technologies are used in the production and equipment