This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is an emerging industry? What is the primary opportunity available to entrepreneurial firms in ... (Read 83 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jul 6, 2018
What is an emerging industry? What is the primary opportunity available to entrepreneurial firms in emerging industries? Name three examples of firms in emerging industries.
 
  What will be an ideal response?

Question 2

Jason Andersen just finished writing a business plan for a new type of office supply store.
 
  One thing Jason included in the Management Team & Company Structure section of his business plan is a chart that depicts the most important skills that are needed for his business and where skills gaps exist. Jason included a(n)________ in his business plan.
  A) skills profile
  B) talent report
  C) abilities profile
  D) expertise report
  E) talent summary


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 6, 2018
Answer to Question 1

An emerging industry is a new industry in which standard operating procedures have yet to be developed. The firm that pioneers or takes the leadership of an emerging industry often captures a first-mover advantage, which is a sometimes insurmountable advantage gained by the firm initiating the first significant move into a new market. Examples of firms in emerging industries include Apple with its iTunes music store, Brain Sentry in devices that detect concussions, and Buzzy in procedures that help relieve pain when shots are administered.

Answer to Question 2

A


Haya94

  • Member
  • Posts: 558
Reply 2 on: Jul 6, 2018
Gracias!

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Inhibition as a primary method of succession in the marine intertidal zone. Inhibition as a primary method of succession in the marine intertidal zone.
Morphology of Primary Lesions Morphology of Primary Lesions
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
The primary windings are inside the secondary windings on this General Motors coil. The primary windings are inside the secondary windings on this General Motors coil.
Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ... Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ...
Competitive firms and maximization Competitive firms and maximization
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library