Question 1.In the ___________ stage of industry evolution, uniform quality is assumed.

embryonic
growth
maturity
decline

Question 2.In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained.

Trend analysis
Alternative scenarios
Delphi
Time series

Question 3.Comparative growth rates of nations in the major industrial nations after World War II was ___________.

normal
exceptional
negative
remained the same

Question 4.In ________ societies, economic activity revolves around the manipulation and movement of "massive objects against friction and gravity."

modern
industrial
postindustrial
contemporary

Question 5.The evolution of ___________ is a critical element in the formulation of a company's strategy.

resources
business strategy
corporate strategy
industry structures

Question 6.In commercializing a new technology, finding new opportunities and _________ them are the key activities.

inventing
exploiting
standardizing
providing resources for

Question 7.In the __________ stage of industry evolution, there is a shakeout among the competition.

embryonic
growth
maturity
decline

Question 8.As industries mature, products become _______.

specialized
commodities
scarce
differentiated

Question 9.In many companies, innovative people are likely to be found in foreign operations, where ________ is less prevalent.

strategy
mission
vision
groupthink

Question 10.In the ________ stage of industry evolution, specialized channels are needed for distribution.

embryonic
growth
maturity
decline