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The Main Lesson Learned from the Standards Wars Involving VHS

question 47

True/False

The main lesson learned from the standards wars involving VHS and Betamax in VCRs and between the Apple Mac and IBM PC in personal computers was that liberal licensing of technology is the key to building market leadership.


Definitions:

Participative Leadership

A leadership style that encourages and values the input of team members and stakeholders in the decision-making process.

Incentives

are rewards or benefits offered to motivate individuals towards achieving a specific goal or behavior.

Structure And Strategy

Refers to the organizational framework and the planned approach used by an entity to achieve its long-term goals.

Individual Resistance

The opposition or pushback by people within an organization towards changes affecting their routines or beliefs.

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