In the causal flow of the structure-conduct-performance paradigm, what determines 'end performance'?
Explanation
This question tests the reader's detailed understanding of the sequence and relationships within the structure-conduct-performance paradigm.
Other questions
According to Appendix B, what is the fundamental origin of the structuralist view of strategy?
What paradigm does the model of industrial organization analysis propose, as described in Appendix B?
On what theory is the reconstructionist view of strategy built, according to Appendix B?
What is the primary assumption of the structuralist view regarding market structure?
The reconstructionist view of strategy suggests that market boundaries exist primarily where?
According to the structuralist view described in Appendix B, competition is seen as what type of game?
The reconstructionist view of strategy shifts attention from the supply side to what?
What is the key difference between 'recombination' as discussed by Schumpeter and 'reconstruction' in blue ocean strategy?
According to Appendix B, what are the basic building blocks for reconstruction in blue ocean strategy?
How did the 'new growth theory' advance upon Schumpeter's initial observations about innovation?
The structuralist view of strategy, or 'environmental determinism', leads companies to focus on what primary goal?
In the reconstructionist view, how is the attractiveness of an industry perceived?
What does value innovation achieve that goes beyond the Schumpeterian idea of creative destruction?
Using the Cirque du Soleil example, what would have been a 'recombination' approach instead of their 'reconstruction' approach?
What is the strategic consequence of adopting the reconstructionist view?
What is the main source of innovation in Schumpeter's original theory, as mentioned in Appendix B?
According to Appendix B, why is Schumpeterian innovation considered 'black-boxed'?
Which statement accurately describes the relationship between the two strategic views and the concept of a value-cost trade-off?
What is the primary focus of 'recombination' when trying to create innovation?
The reconstructionist view takes off where which theory left off, according to Appendix B?
What is the primary method proposed by the reconstructionist view to create endogenous growth for a firm?
How does recombination, as described in Appendix B, typically lead to innovation?
Which of the following phrases best captures the essence of the structuralist view of strategy?
What is a major limitation of the new growth theory that the reconstructionist view aims to address?
The focus on redefining an industry problem itself, as seen in the reconstructionist view, tends to produce what outcome?
Which view of strategy is associated with 'environmental determinism'?
What is the consequence of focusing on the supply side, as recombination does, according to the text?
What is the main strategic challenge from a reconstructionist perspective?
Value innovation, as part of the reconstructionist view, allows firms to play what kind of game?
Why does the structuralist view often lead to 'competition-based strategic thinking'?
What is the key limitation of Schumpeter's theory that the new growth theory and reconstructionist view try to overcome?
In the reconstructionist view, what is the ultimate result of stimulating the demand side of the economy?
How does the reconstructionist approach, as exemplified by Cirque du Soleil, differ from simply creating an 'innovative solution'?
Which of the following is NOT a characteristic of the structuralist view of strategy?
What is the primary objective of firms that follow the structuralist view of strategy?
The example of Cirque du Soleil is used in Appendix B to illustrate that reconstruction is NOT about what?
How does the reconstructionist view see the relationship between knowledge, ideas, and firm growth?
What does Appendix B identify as a key shortcoming of the new growth theory, despite its advances?
Which statement best contrasts the end goals of reconstruction and recombination?
What is the role of competition in the reconstructionist world?
The structuralist view of strategy has its roots in which economic model?
What is the key insight of the reconstructionist view regarding extra demand?
Schumpeter's idea of innovation as a 'new combination of productive means' is an example of what kind of focus?
What is the role of the entrepreneur in Schumpeter's theory versus the reconstructionist view?
Which statement accurately describes the causal flow proposed by the structuralist view?
What is the primary method for creating value innovation in the reconstructionist view?
According to Appendix B, the structuralist view leads firms to focus on dividing up what?
What does value innovation achieve for firms that contrasts with the outcome of traditional competition?
What is the key difference in how structuralist and reconstructionist views perceive the firm's relationship with its industry?