A dominant design is:
A) A technical standard that the most powerful player of the industry imposes
B) A de facto standard that proves to also be the best technical solution for the industry
C) A common product format determined by market preference over time through competition
D) The convergence towards a product that reconciles several similar industry products
Correct Answer:
Verified
Q41: The value of the scenario analysis lies
Q42: Change in an industry is the result
Q43: As the industry life cycle progresses:
A)Foreign competition
Q44: The greatest challenge for a firm, related
Q45: In order to successfully deal with change
Q47: The characteristic profile of an industry life
Q48: The industry life cycle:
A)Exists on a different
Q49: The different stages of the industry life
Q50: "Network effects" are a force favoring:
A)Every firm
Q51: Radical change can be:
A)A disaster for all
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