Which of the following is a primary source of 'increasing returns to adoption' for a technology, making it more valuable as more people use it?
Decreasing production costs due to initial low demand
Network externalities and learning effects
Limited availability of complementary products
A focus on niche market segments
# 2
เลือกประเภท
The concept of 'path dependency' in technology development suggests that:
The most technologically advanced product will always win.
Future outcomes are heavily influenced by past decisions and events.
New technologies quickly replace older ones without any historical context.
Dominant designs are chosen solely based on current market trends.
# 3
เลือกประเภท
In the context of streaming services, what is an example of a 'standalone value' dimension?
The number of other users subscribed to the service
The availability of exclusive original content
The ease of use and quality of the recommender system
The potential for future content additions
# 4
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Why might a firm choose to make its content exclusive to its streaming service, even though it might limit wider distribution?
To reduce the overall cost of content production
To gamble that the increase in subscriptions will outweigh the loss from limited distribution
To ensure the content is accessible to a smaller, more dedicated audience
To comply with government regulations on content sharing
# 5
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The 'Wintel' standard, combining Microsoft Windows and Intel processors, became dominant in the PC industry due to a self-reinforcing cycle. Which of the following best describes this cycle?
Lower prices led to more sales, which led to more software development, which further increased sales.
Intel's superior technology drove Microsoft to improve its operating system.
Microsoft's marketing efforts convinced consumers that Wintel was the only option.
Government regulations mandated the use of Wintel-compatible hardware and software.
# 6
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What is a 'platform ecosystem' in the context of technology innovation?
A single company that controls all aspects of a product's development and distribution.
A system where a core product mediates relationships between various components, complements, and end-users, often involving external contributors.
A closed system where only components from the original manufacturer can be used.
A market where multiple independent technologies compete without any central coordination.
# 7
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Consider the 'Buyer Utility Map' for the Toyota Prius. Which dimension of value is addressed by the fact that it 'Refuels like a regular combustion engine vehicle'?
Customer Productivity
Convenience
Risk
Environmental Friendliness
# 8
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When a technology has 'network externalities,' its value to a user increases as:
Its price decreases significantly.
The number of other users of the same technology increases.
The company invests heavily in advertising.
The technology is only available in a limited geographical area.
# 9
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The dominance of MS-DOS in the early PC market is an example of how:
Technological superiority is the sole determinant of success.
Government regulation can stifle innovation.
Strategic partnerships and early adoption momentum can be crucial.
Companies that start with a small market share are destined to fail.
# 10
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In 'winner-take-all' markets, which of the following is often true?
Technologically superior products always win.
Competition leads to a wide variety of successful firms.
Firms supporting the winning technology can earn substantial rewards, while others may be excluded.
Market share is evenly distributed among all competitors.
# 11
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Modularity in product systems refers to:
A system where all components are integrated and inseparable.
The ability of a product to be broken down into parts that can be separated and recombined to change its configuration or function.
A system designed for a single, specific purpose with no flexibility.
A product that is entirely manufactured by a single company.
# 12
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When comparing two competing technologies on a value graph, a 'tipping point' represents:
The point where both technologies offer exactly equal value.
The point where one technology's value begins to rapidly increase and potentially dominate the other.
The point where both technologies become obsolete.
The point where regulatory intervention is most likely.
# 13
เลือกประเภท
Which of the following is NOT typically considered a source of a technology's 'standalone value'?
Ease of use
Aesthetic qualities
The number of other users
Functions it enables customers to perform
# 14
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The success of a platform ecosystem, like that of smartphones, often depends on:
Strictly limiting the number of third-party developers.
Ensuring all components are proprietary and only from the platform owner.
The success of all members within the ecosystem, including developers of complementary goods.
Creating a completely closed system with no external input.
# 15
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Why might a new technology, even if technically superior, struggle to overthrow an existing dominant technology?
Because it lacks sufficient government regulation.
Because it has a smaller installed base and fewer complementary goods.
Because it is too easy for consumers to switch.
Because it offers too many new functions.
# 16
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What does 'absorptive capacity' refer to in the context of technology adoption?
A firm's ability to absorb financial losses from new technology ventures.
A firm's ability to recognize, assimilate, and utilize new information and knowledge.
The capacity of a technology to be adopted by a large number of users.
The physical capacity of a technology to be manufactured in large quantities.
# 17
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The 'Battle of the Streaming Services' highlights that by 2021, these companies were increasingly using customer data to:
Reduce the price of their subscriptions globally.
Create original content tailored to specific market segments.
Limit the variety of content available to users.
Focus solely on physical media distribution.
# 18
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In industries with network externalities, government intervention might be considered to:
Prevent any technology from becoming dominant.
Encourage the development of niche technologies.
Address potential natural monopolies and ensure consumer welfare.
Mandate that all companies offer their services for free.
# 19
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Which of the following best describes the 'dominant design' in the context of streaming services, as mentioned in the material?
A focus on providing only live broadcast content.
A model combining subscription fees, original content investment, and recommendation algorithms.
A system that relies solely on pay-per-view purchases.
An emphasis on physical media sales alongside streaming.
# 20
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When a firm is considering making content exclusive to its platform, the decision involves a trade-off between:
Production cost and marketing budget.
The potential boost in subscriptions versus the value of wider distribution.
Customer satisfaction and employee morale.
Technological innovation and user interface design.