Question

RegalWare has formed an alliance with YuVal, an Asian firm, to gain access to markets in Asia that are typically difficult to enter. RegalWare is most likely in what market type?

a.Slow-cycle
b.Intermediate-cycle
c.Standard-cycle
d.Fast-cycle

Answer 1

RegalWare's alliance with YuVal is likely for market penetration in a slow-cycle market, where competitiveness is sustainable over time. However, without more context, a fast-cycle market cannot be ruled out, especially when innovation and responsiveness are crucial.

Step-by-step explanation:

RegalWare's decision to form an alliance with YuVal, an Asian firm, to gain access to difficult-to-enter Asian markets is indicative of an attempt to adapt in a market type that changes over time. The four types of market cycles are slow-cycle, intermediate-cycle, standard-cycle, and fast-cycle. Without more context, it is hard to determine definitively, but companies typically enter alliances like this in slow-cycle markets, where they can protect competitive advantages over a longer period and market entry barriers are high. However, if the technology or product lifecycle is short and the need for constant innovation and market responsiveness is high, then it would suggest a fast-cycle market.