Question
In this question you are to match market actors with how standards generally affect them. Market actors: Complementors Consumers Innovators Incumbents Standard options: 1. Tend
In this question you are to match market actors with how standards generally affect them.
Market actors:
Complementors
Consumers
Innovators
Incumbents
Standard options:
1. Tend to welcome standards, because standards typically expand the total size of the market.
2. Generally welcomes standards as they are spared having to pick a winner and face the risk of being stranded.
3. Generally welcomes standards as long as their products comply with the standard.
4. Can pose a great threat if standards fuel a positive feedback cycle and help launch a new technology.
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