Search results
Results from the WOW.Com Content Network
The word "incumbent" is derived from the Latin verb incumbere, literally meaning "to lean or lay upon" with the present participle stem incumbent-, "leaning a variant of encumber, [1] while encumber is derived from the root cumber, [2] most appropriately defined: "To occupy obstructively or inconveniently; to block fill up with what hinders freedom of motion or action; to burden, load."
These are lists of incumbents (individuals holding offices or positions), including heads of states or of subnational entities.. A historical discipline, archontology, focuses on the study of past and current office holders.
Organizational culture encompasses the shared norms, values, behaviors observed in schools, universities, not-for-profit groups, government agencies, and businesses reflecting their core values and strategic direction. [1] [2] Alternative terms include business culture, corporate culture and company culture. The term corporate culture emerged ...
Success is not a requirement and some business can be disruptive but fail; New firm's business model differs significantly from incumbent [17] Christensen continues to develop and refine the theory and has accepted that not all examples of disruptive innovation perfectly fit into his theory.
Examples involving unspoken rules include unwritten and unofficial organizational hierarchies, organizational culture, and acceptable behavioral norms governing interactions between organizational members. These rules typically align with the behaviors of the local majority group and seem normal to them, but can be obscure, invisible, and ...
Strategic excess capacity may be established to either reduce the viability of entry for potential firms. [5] Excess capacity take place when an incumbent firm threatens to entrants of the possibility to increase their production output and establish an excess of supply, and then reduce the price to a level where the competing cannot contend.
In telecommunications where a service provider is expanding into a new market that is dominated by an incumbent that has existing infrastructure investments in place, the incumbent raises the barriers to entry in that market and therefore market analysis will not count that market as serviceable.
Incumbent firms may have an exclusive right to use the brand name, making it expensive or impossible for new entrants to license rights to names. [10] Capital requirements - Many industries require the investment of large financial resources to start a new business, which deters new entrants. For example, new airlines require millions of ...