Regarding De Facto Standards, a "Tipping Point" Is When

question 28

Multiple Choice

Regarding de facto standards, a "tipping point" is when

• A)a certain threshold of market share is reached, beyond which it just keeps rising irreversibly.
• B)the market losers basically have to "tip" their excess product away.
• C)it's as though the market losers "tip" their market shares into the winners bag.
• D)customers finally realise who has the best product.

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Definitions:

Self-Esteem

A psychological concept that reflects a person's overall subjective emotional evaluation of their own worth.

Force Field Analysis

Force field analysis is a management technique developed by Kurt Lewin, used for decision-making that analyzes the forces for and against a change to identify which factors are helping or hindering a goal or project.

Unfreezing

The initial stage in the change process where existing beliefs and behaviors are challenged in preparation for change.

Organization Change

The process by which companies or organizations undergo transformations in structure, strategies, processes, or culture.