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Steve Jobs Recognized That Consumers Wanted a Smaller Mp3 Player

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Steve Jobs recognized that consumers wanted a smaller mp3 player than they could buy at the time, so Apple developed the iPod. This demonstrates Teece's


Definitions:

Mass Media

Diverse media technologies that reach a large audience via mass communication, including television, radio, newspapers, and the internet.

Media Development

refers to the evolution and advancement in communication channels, technologies, and content delivery methods.

World Wide Web

A system of interlinked hypertext documents and resources, accessible over the Internet, enabling people to search, view, and interact with online information.

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