Author Question: From the Strategic Choice Theory, which of the following is most likely to be a prospector whose ... (Read 38 times)

karateprodigy · **on:** Sep 11, 2018

From the Strategic Choice Theory, which of the following is most likely to be a prospector whose goal is to adapt to changes in market situations?

a. A fast fashion retailer
b. A mass market retailer
c. A mid-tier market retailer
d. A high end, traditional wear retailer

Question 2

Which of the following is true in terms of the Industry lifecycle theory?

a. All industry goes through a lifecycle without a fail.
b. The locus of comparative advantages changes from one country to another within the textile and apparel industries as each country goes through different life cycles.
c. High wage countries have comparative advantages in capital-intensive sectors, such as apparel manufacturing.
d. The textile and apparel industries in developing countries such as China have comparative advantages in value-added business activities, such as design, branding, and product development.