The Main Lesson Learned from the Standards Wars Involving VHS

question 47

True/False

The main lesson learned from the standards wars involving VHS and Betamax in VCRs and between the Apple Mac and IBM PC in personal computers was that liberal licensing of technology is the key to building market leadership.

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Definitions:

After-Tax Lease Payment

The lease payment amount after accounting for tax deductions or benefits.

Tax Rate

The percentage at which an individual or corporation is taxed.

CCA Rate

Capital Cost Allowance Rate, a tax deduction in some jurisdictions that reflects the depreciation of property, plant, and equipment.

CCA Class

In the context of Canadian tax, a classification for tax purposes that dictates the rate at which assets can be depreciated for tax deductions.