Business Investment Question:
Download Questions PDF

Explain Lock-in, as described by Hax and Wilde, is achieved when?
► A) An organization achieves a proprietary position in its industry.
► B) Customers are tied into long-term contracts.
► C) An industry is dominated by a major player.
► D) Customer preferences are recorded in a CRM database.

Answer:

A) An organization achieves a proprietary position in its industry

Download Business Investment Interview Questions And Answers PDF

Previous QuestionNext Question
Explain ethical decision you had to make?Explain Which of the following explanations best defines the meaning of hyper-competitive strategies?