Multiple Choice
Video game consoles and video games are complementary products: the availability of one increases the value of the other.In the past the suppliers of consoles were able to appropriate most of the profits generated by video game systems because:
A) Video game consoles cost more to develop than video games
B) The consoles were more powerful determinant of the consumer experience than the games
C) The console suppliers controlled technology and distribution giving them more bargaining power than the suppliers of video games
D) The console makers-Nintendo,Sony and Microsoft-were bigger companies than the suppliers of video games.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Industry membership is the single most important
Q9: The value of a product to its
Q10: Business models can assist strategy formulation for
Q11: The difference between substitute and complementary products
Q12: A strategic group is a group of
Q14: A "winner-take-all industry" is one in which
Q15: When applied to real business situations,the usefulness
Q16: Schumpeter's process of "creative destruction" challenges Porter's
Q17: The "prisoners' dilemma" can be resolved by
Q18: The main purpose of competitive intelligence is