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

Q11) The case of Walt Disney & Netflix 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

Q13) Choose the incorrect statement. A. Cost-leadership strategy is strategy with features that are lowest to customers at the lowest cost B. Business strategy is a generic strategy C. Busines strategy focuses on how to compete within the specific industry(market) D. Differentiation strategy can be implemented by its unique services even for identical product