When USB Flash Drives Started Becoming Popular, Customers Stopped Purchasing

question 66

Multiple Choice

When USB flash drives started becoming popular, customers stopped purchasing CDs. As a result, USB flash drives almost completely replaced CDs in the market and became the accepted market standard for storage devices. In the context of innovation streams, this scenario best illustrates _____.

• A) a dominant design
• B) the compression approach to innovation
• C) the experiential approach to innovation
• D) a design iteration

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Definitions:

Controllable Costs

Expenses that can be directly influenced or managed by a specific level of management or decision maker within a given timeframe.

Transfer Prices

Prices charged for goods and services sold between divisions within the same company.

Medium Organisations

Businesses that occupy the middle ground in terms of size, resource availability, market reach, and employee count, between small and large companies.

Internal Selling Prices

Internal selling prices refer to the prices set for transactions between departments or divisions within the same company, often used for budgeting and cost allocation purposes.