As Noted in Strategy Highlight 2

question 67

Multiple Choice

As noted in Strategy Highlight 2.1,the small Japanese company with the electric rice cooker faced very long odds in getting a license from Bell Labs for using their transistor.The end result of the effort to get the license was what?

• A) The Japanese firm got the license but was not able to produce the desired radio.
• B) The Japanese firm got the license and used it successfully in their rice cooker.
• C) The Japanese firm introduced the first pocket-sized radio, but the market was not ready for it and sales were weak.
• D) The Japanese firm introduced the world's first pocket-sized radio to great market success.

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Definitions:

Geolocation

The method of identifying the geographical location of a person or device, usually by utilizing information processed through the Internet.

GPS

A global positioning system that uses satellites to provide location and time information in all weather conditions, anywhere on or near the Earth.

Smartphone

Phone with features of a computer including a wide assortment of apps, media players, high-quality cameras, and web connectivity.

Uber

A platform and service that connects passengers with drivers for hire via a mobile app, often considered a pioneer in the ride-sharing industry.