competitivestrategyinemergingindustries(英文版)-文庫吧在線文庫
【正文】 3/4/2023 3 Jia Liangding COMMON STRUCTURAL CHARACTERISTICS: ⑴ Technological Uncertainty. – What product configuration will ultimately prove to be the best? What production technology will to be the most efficient? ⑵ Strategic Uncertainty. – A wide variety of strategic approaches often are tried by industry participants. No “ right” strategy has been clearly identified. Firms often have poor information about petitors, characteristics of customers, and industry conditions. 3/4/2023 4 Jia Liangding ⑶ High Initial Costs but Steep Cost Reduction. – Small production volume。 3/4/2023 7 Jia Liangding Problems Constraining Industry Development ⑴ Inability to Obtain Raw Materials and Components – severe shortages ⑵ Period of Rapid Escalation of Raw Materials Prices – burgeoning demand and inadequate supply ⑶ Absence of Infrastructure – distribution channels, service facilities, trained mechanics, plementary products, etc. ⑷ Perceived likelihood of obsolescence – second or third generation 3/4/2023 8 Jia Liangding ⑸ Customer’ s Confusion – resulting from the presence of a multiplicity of product approaches, technological variations, conflicting claims and counterclaims by petitors). ⑹ Erratic product quality. ⑺ Image and Credibility with the Financial Community – poor ⑻ Regulatory Approval. ⑼ High Costs. – cost volume cycle ⑽ Response of Threatened Entities. 3/4/2023 9 Jia Liangding To Adopt New Products Early or Late? ? One of the crucial questions for strategic purposes in an emerging industry is often the assessment of
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