When an industry's products rely on a common set of features,these features are called a
A) dominant design.
B) format war.
C) first mover.
D) public domain.
E) high-tech industry.

Question

Quizplus · Accepted Answer

Dominant design refers to a common set of features that become the standard for a particular industry or product. This design is created through a process of trial and error and becomes widely accepted by both producers and consumers. It facilitates standardization and helps reduce production costs, making it easier for firms to compete in the market.

When an Industry's Products Rely on a Common Set of Features,these