Increasing returns to adoption means that,the more a technology is adopted,the more valuable it becomes.
Choose correct answer/s
True
False
Check answer
Question 2
Free
True/False
The learning curve indicates that the more units a company produces of an item,the more each unit will cost.
Choose correct answer/s
True
False
Check answer
Question 3
Free
True/False
Though learning curves are found in a wide range of organizational processes,there are substantial differences in the rates at which organizations learn.
Choose correct answer/s
True
False
Check answer
Question 4
Free
True/False
The ability of an organization to recognize,assimilate,and utilize new knowledge is referred to as learning effect.
Choose correct answer/s
True
False
Check answer
Question 5
Free
True/False
As firms develop complementary technologies to improve the productivity or ease of utilization of the core technology,the technology becomes less attractive to other firms.
Choose correct answer/s
True
False
Check answer
Question 6
True/False
In a market characterized by network externalities,the benefit from using a good decreases with an increase in the number of other users of the same good.
Choose correct answer/s
True
False
To unlock the question
Question 7
True/False
Network externalities cannot arise in markets that do not have physical networks.
Choose correct answer/s
True
False
To unlock the question
Question 8
True/False
Products that have a large installed base are likely to attract more developers of complementary goods.
Choose correct answer/s
True
False
To unlock the question
Question 9
True/False
A legally induced adherence to a dominant design is not possible.
Choose correct answer/s
True
False
To unlock the question
Question 10
True/False
A firm that supports a technology that is not chosen as the dominant design will have better potential to earn near-monopoly rents in the short run than a firm that develops a dominant design.
Choose correct answer/s
True
False
To unlock the question
Question 11
True/False
The influence of a dominant design can extend beyond its own technology cycle.
Choose correct answer/s
True
False
To unlock the question
Question 12
True/False
Technologically superior products do not always win in the market.
Choose correct answer/s
True
False
To unlock the question
Question 13
True/False
The "Buyer Utility Map" developed by Kim and Mauborgne cannot be applied to industrial products.
Choose correct answer/s
True
False
To unlock the question
Question 14
True/False
In industries characterized by network externalities,the value of a technological innovation to users will be a function only of its stand-alone benefits and cost.
Choose correct answer/s
True
False
To unlock the question
Question 15
True/False
In industries characterized by increasing returns,the rate of return from a product or process increases with the size of its installed base.
Choose correct answer/s
True
False
To unlock the question
Question 16
True/False
For a new technology to be successful in a market,it is enough for the new technology's stand-alone utility to exceed that of the incumbent standard.
Choose correct answer/s
True
False
To unlock the question
Question 17
True/False
A large perceived installed base can lead to a large actual installed base.
Choose correct answer/s
True
False
To unlock the question
Question 18
True/False
When an industry has network externalities,the value of a good to a user is more likely to go up linearly rather than increase in an s-shape.
Choose correct answer/s
True
False
To unlock the question
Question 19
True/False
Network externality returns refers to the value customers reap as a larger portion of the market adopts the same good.
Choose correct answer/s
True
False
To unlock the question
Question 20
True/False
By choosing not to exercise its monopoly power,a firm can steepen its monopoly costs curve.