Q. true or false: 1. A company that custom-makes an imaging device for physicians dealing with…

Q. true or false:

1. A company that custom-makes an imaging device for
physicians dealing with a certain type of cancer patient likely has
a niche play business model.

2. The two types of competitive advantages are differentiated
by their source. One type is related to external forces, and the
other internal forces.

3. According to the lecture, in order to gain a positional
advantage of your competitors, you should hire people who are
highly skilled in their area of expertise.

4. One type of capability-based advantage is having good
leadership in the company.

5. A strong IP portfolio is one way to gain a positional
advantage over other companies.

6. In the parternship business model, companies seek to have a
diverse set of options for the customer so that customers choose
their products over their competitors.

7. Capability-based advantages are more quantifiable than
positional advantages.

8. Being the second company to enter a market (ust after the
flirst) is part of the me-too business strategy.

9. In the first mover business strategy, a company is the
first to offer a product to the market.

10. Two companies may share competitive advantage over the
other.