Exam 4: Standards Battles and Design Dominance

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Explain what factors affect the technology trajectory and chances of success of a new technology besides its quality and technical advantage.

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TechSense has just developed a GPS-enabled shoe that is targeted at runners,trekkers,and tourists.According to the Buyer Utility Map developed by Kim and Mauborgne,what is the value offered by the shoes in the utility lever of convenience at the use stage of the buyer experience cycle?

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Which of the following statement is true about learning curves?

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Producers can influence users' expectations of the future installed base and availability of complements

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Disetronic is the insulin pump market for diabetics.If Disetronic raises the cost of the pumps to a very high rate and technology development of alternative insulin delivery systems ceases,

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Monopoly costs take the form of an s-shape.

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Government regulation can make a technology the dominant design.

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Due to network externalities,the benefit from using eBay to buy and sell goods decreases with the number of users of eBay.

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When a dominant design is established in an industry,manufacturers tend to turn their focus to improving efficiency.

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There are never any advantages to a government mandated dominant design of technology.

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Vaporware refers to products

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When a new technology with only a moderate functionality advantage is made compatible with an existing technology's installed base and complementary goods,then the new technology may offer _____ overall value to users.

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The steepness of the monopoly cost curve is largely a function of government regulations.

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In some industries,multiple competing technologies can coexist peacefully while in others there will be strong pressures for only one technology to succeed.

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eBay uses an online payment system called PayPal which accepts credit cards or electronic funds transfers.The payment system is heavily secured using encryption technology.According to the Kim and Mauborgne model,PayPal is offering simplicity,convenience,and _____ utility levers.

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A cell phone network recently called Bill and offered him a great plan.It was a low flat fee on all long distance calls with no roaming charges and unlimited hours to anyone else in the network.However,Bill discovered that so far there were only 3,000 network subscribers nationwide,so he turned down the offer.This company did not have

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The ability of an organization to recognize,assimilate,and utilize new knowledge is referred to as its learning curve.

(True/False)
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WordPerfect Corporation noticed that the more of its word processing software packages it sold,the more customers complained or suggested improvements.In such a situation,WordPerfect Corporation has the opportunity to

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The more a technology is adopted,

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When are winner-take-all markets good for consumers?

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