Technology That Allows Consumers to Access Information on the Internet

question 84

Multiple Choice

Technology that allows consumers to access information on the Internet from a cell phone is in the introductory stage of its product life cycle. The industry is composed of several small firms with state-of-the-art products that are neither standardized nor compatible with one another. Moreover, these small firms have limited marketing expertise and little money to spend on marketing; their common strength is
Engineering. This industry would welcome the entry of a giant in the mobile phone industry like Nokia because:

• A)Nokia's entry would help segment the market, establishing targets for the smaller firms.
• B)the small companies could leapfrog beyond Nokia's products.
• C)Nokia could set standards and generate primary demand.
• D)Nokia could solve the remaining technological problems.

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Definitions:

Volume

The amount of space that a substance or object occupies, or that is enclosed within a container, typically measured in cubic units.

Mass

A measure of the amount of matter in an object, a fundamental property that affects the object's inertia and gravitational interaction.

Density

The mass per unit volume of a substance, often noted in grams per cubic centimeter or kilograms per cubic meter.

Volume

The capacity of a container measured by the space a substance or object can fill.