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Author Question: In most industries, established firms have a decided advantage against start-ups due primarily to ... (Read 30 times)

chads108

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  • Posts: 507
on: Sep 10, 2018
In most industries, established firms have a decided advantage against start-ups due primarily to their access to:
 
  A. markets
  B. capital
  C. marketing
  D. labor
  E. technology

Question 2

The fact that Apple releases a new version of its iPhone every few years, making the previous one outdated, illustrates Schumpeter's principle of creative:
 
  A. innovation
  B. demand
  C. destruction
  D. marketing
  E. supply


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nixon_s

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Reply #1 on: Sep 10, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


chads108

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  • Posts: 507
Reply 2 on: Sep 10, 2018
Great answer, keep it coming :)

adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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