Which statement about establishing the technical standard in an industry is true? Late movers are typically the

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Which statement about establishing the technical standard in an industry is true?

Late movers are typically the companies that set industry technical standards

. Early movers rarely attempt to dislodge a first mover in an industry by setting new standards.

Establishing a technical standard is of little value because industries rarely converge around a single standard.

Establishing a technical standard is like an experience-based advantage that can grow over time.

Related Book For answer-question

Essentials of Business Law

ISBN: 978-0078023194

9th edition

Authors: Anthony Liuzzo

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Posted Date: Feb 02, 2024 02:45 AM

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Which statement about establishing the technical standard in an industry is true? Late movers are typically the

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Essentials of Business Law

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