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Strategy

Lecture 3-4: Industry Dynamics & Internal Analysis

Comprehensive exam quiz covering industry life cycle, dominant design, first-mover advantages and disadvantages, organizational inertia, RBV, VRIO, inimitability, and value creation.

Question 25 of 40

Match each type of organizational inertia with its definition.

Drag each statement into the correct group.

Sort every statement: place all cards into a group, then check your answer.

Statements

4

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Internal power structures resist change to protect budgets or status

Mental models stuck in the old paradigm

Locked into past commitments, sunk costs, and fear of cannibalization

Rigid structures, processes, and fixed cost base

Structural inertia

0

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Strategic inertia

0

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Cognitive inertia

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Political inertia

0

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