The recent battle between the high definition (HD) video standards offered by Toshiba (HD-DVD) and Sony (Blu-ray) was won by Sony. This is an example of ________ that will allow the HD video industry to grow more quickly.
A) market power
B) standardization
C) a first-mover advantage
D) the resolution of a conflict between competing economic logics
Correct Answer:
Verified
Q25: Industries evolve through life cycle stages because
A)
Q26: Which of the following is not one
Q27: The sustainable competitive advantage that is sought
Q28: Innovation results in a wide variety of
Q29: Value creation in the growth stage of
Q31: Industries mature when demand begins to slow
Q32: _ is an industry condition in which
Q33: Value creation in the mature stage of
Q34: As sales fall in the decline stage
Q35: As an alternative to decline an industry
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