Sometimes companies that produce less than stellar products win the innovation battle because of network externalities. With network externalities:

Q27. Sometimes companies that produce less than stellar products win the innovation battle because of network externalities. With network externalities:

   a. companies that possess strong network externalities win the competition because they have superior sales capabilities

   b. companies that possess strong network externalities win the competition because they have superior production capabilities

   c. companies that possess strong network externalities win the competition because they are able to tap into a an old boy “network,” where important luminaries in the industry support their products

   d. companies that possess strong network externalities win the competition because they have a “network” of sales channels and support capabilities that make their products more attractive

Q28. Which of the following questions reflects market risk concerns?

   a. At what point will breakeven occur?

   b. Do we have the capability to produce a desired technology?

   c. How should we price our new product?

   d. Are we prepared to deal with changing regulations?

Q35. Counterfeiting is concerned with:

   a. unauthorized use of copyrighted material

   b. unauthorized use of patented technology

   c. unauthorized use of trade marks

   d. unauthorized use of trade secrets

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