Which of the Following Is True of Dominant Design

question 34

Multiple Choice

Which of the following is true of dominant design?

• A) It is not possible to have legally induced adherence to a dominant design.
• B) When a firm's technology is locked in as the dominant design of a market, it earns low rewards.
• C) A firm that supports a technology that is chosen as the dominant design is in a poor position to shape the evolution of the industry.
• D) A firm may find itself locked out of the market if it is unable to adopt the dominant technology.

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Definitions:

Profound Enlightenment

A deep state of understanding and awareness, often associated with spiritual insights or awakening.

Depression

A mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Commonsense Notions

Widely held beliefs or ideas that are considered to be self-evident and obvious to ordinary people.

Theoretical Basis

The foundational ideas and principles that underpin a theory, research study, or academic argument.