Netscape, Which Once Controlled More Than 80 Percent of the Market

question 58

Multiple Choice

Netscape, which once controlled more than 80 percent of the market share in Web browsers, lost its dominant position when customers migrated to Internet Explorer, Microsoft's Web browser. Internet Explorer was easy to install and had no significant differences in terms of usability. This example serves to illustrate that:

• A) fast-following smaller firms are always ready with newer and possibly superior products.
• B) customers of technology companies are becoming increasingly savvy and more demanding.
• C) the open source nature of technology ensures that no firm can expect to monopolize a market.
• D) firms need to employ increasingly stringent intellectual property norms to guard against infringements from smaller, competitive rivals.
• E) firms with low switching costs can be easily and rapidly overtaken by strong rivals.

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Definitions:

Legal Documents

Official papers that record agreements, rights, or obligations with legal significance, including contracts, wills, deeds, and court filings.

Passive-Voice Sentence

A sentence structure where the subject is the recipient of the action rather than performing the action itself.

Plaintiff Filed

indicates the act of a plaintiff submitting a complaint or lawsuit in court against a defendant, initiating legal action.

Plaintiff Entered

The initial stage in a legal action where the plaintiff officially submits a complaint against the defendant to the court.