Answer:
brainstorming as a part of it’s decision making process
Answer:
First mover; Late mover
Explanation:
In many cases companies who enter a market after innovative products have been introduced can achieve long-term competitive advantages by continuing to develop a better mousetrap. For example, VisiCalcwas the first company to introduce a desktop spreadsheet program but Lotus Notes cornered a large market share when it introduced the 1-2-3 program. Today, however, Microsoft's Excel is the dominant spreadsheet software program and has continued to endure due to the popularity of the Microsoft Office Suite of products. VisiCalc possessed a <u>First Mover</u> advantage while Microsoft enjoyed a <u>Late Mover</u> advantage.
First mover advantages: It is the marketing strategy of initiating any technique in the market to gain competitive advantages for being the first entrant with any new technique or technologies. It also helps in gaining brand recognition and market share.
Last mover advantages: It is another marketing strategy to gain competitive advantages by late introducing the product in the market after learning from the technique of competitors, it also helps in avoiding mistakes of rivals in the market.
In the given case, VisiCalc has enjoyed first-mover advantages as it was first one of its own type to be introduced in the market, however, Microsoft enjoyed last mover advantages as the consumer has found better and easier product than previous one, which was in the favor of Microsoft.
At the survival and early success stage of the organizational life cycle, it becomes appropriate to introduce mechanistic structures that support the standardization and formalization required to create effective coordination across the organization. This is further explained below.
<h3>What is the organizational life cycle?</h3>
Generally, The stages of an organization's existence, from its founding to its dissolution, are collectively known as the organizational life cycle.
In conclusion, Mechanistic structures that support the standardization and formalization that is necessary to develop effective coordination across the organization should be introduced when an organization reaches the stage of its life cycle known as the survival and early success stage.
Read more about the organizational life cycle
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it expanded in cotton sales, if that's the time period u are speaking of...
