Why are industry standards so important in high-tech markets?
A) They restrict customer options,enhancing the odds that a firm will gain sales.
B) Standards reduce customer fear,uncertainty,and doubt,and thus,can help to grow the market,which is particularly important for products with network externalities.
C) The availability of complementary products is large determined by the number of competitors in an industry.
D) Because intellectual property rights are difficult to enforce.
E) All of the above.
Correct Answer:
Verified
Q1: A customer considers purchasing a digital camera,but
Q3: A dominant design is more likely to
Q4: The "installed base" relates to direct network
Q5: Which of the following marketing strategies is
Q6: New innovations in agricultural products are as
Q7: The ‘chasm’ in high-tech marketing is characterized
Q8: Government definitions of “Technology" are often based
Q9: Which if the following is not one
Q10: How do input-based definitions of high-tech differ
Q11: Nokia may be surprised to realize that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents