The primary opportunity existing for startups in emerging industries is to ________.
A) consolidate the industry and establish industry leadership as a result of doing so
B) win customers by placing an emphasis on service and process innovation
C) pursue a niche strategy, which focuses on a narrow segment of the industry that might be encouraged to grow through product or process innovation
D) capture a first-mover advantage
E) pursue a cost reduction strategy, which is accomplished through achieving lower costs than industry incumbents through process innovation
Question 2
The two primary areas to consider in organizational feasibility analysis are management prowess and resource sufficiency.
Indicate whether the statement is true or false
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