Multiple Choice
Which of the following statements is true of dominant design?
A) It is not possible to have legally induced adherence to a dominant design.
B) When a firm's technology is locked in as the dominant design of a market, it earns low rewards.
C) A firm that supports a technology that is chosen as the dominant design is in a poor position to shape the evolution of the industry.
D) A firm may find itself locked out of the market if it is unable to adopt the dominant technology.
Correct Answer:
Verified
Correct Answer:
Verified
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