Microsoft Word Is the Most Widely Used Word-Processing Program

question 61

Multiple Choice

Microsoft Word is the most widely used word-processing program. Which of the following explanations for its popularity uses the lock-in hypothesis?

• A)Build a better mousetrap and the world beats a path to your door. MS Word is the better mousetrap.
• B)Because MS Word is the standard in business, it is difficult to use other word processing programs and share documents.
• C)MS Word is priced below other competing programs; Microsoft can afford to price it low because it sells so many copies.
• D)Although MS Word is not the cheapest word processor, its ratio of features to price is better than the competitors.

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Definitions:

Strategic Contingencies

Key events, conditions, or variables that significantly impact the strategy and success of an organization, necessitating adaptive measures.

Organizational Politics

Activities within an organization aimed at improving personal status or influencie, often at the expense of others or the organization itself.

Self-Interest

The consideration of one's own advantage or benefit, driving personal actions and decisions in various contexts.

High Mach

Describes individuals with a Machiavellian personality trait, characterized by manipulativeness, pragmatism, and a focus on self-interest and personal gain.