Q9) Conventional industry classification code system does not reflect recent changes due to ________.

A. Disruptive innovation

B. Industry consolidation

C. Industry emergence

D. Hyper competition

Q10) In terms of competition range and sustainability of competitive advantage,

__________ are the firms internal environment from the narrowest to the broadest.

A. Resources-CoreCompetencies-Capabilities

B. CoreComeptencies-Resources-Capabilities

C. CoreCompetencies-Capabilities-Resources

D. Resources-Capabilities-CoreCompetencies

Q11) The case of WaltDisney & Netlfix and Fuji & Kodak gives us an important strategic implication. These cases suggest us that core-competencies of the firm provide the basic foundation for firms successful _______, and this even helps firm successfully protect the threat from __________.

A. M&A-Disruptive innovation

B. Globalization-Disruptive innovation

C. Disruptive innovation-Diversification

D. Diversification-Disruptive innovation

Q12) The risks of the differentiation strategy include ___________.

A. Being stuck in the middle

B. Other firms being able to match the low cost of the firm

C. Customers being willing to pay a premium for the features

D. A decision that the differentiated features are not worth the price