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Lecture 3-4: Industry Dynamics & Internal Analysis

Comprehensive exam quiz covering industry life cycle, dominant design, first-mover advantages and disadvantages, organizational inertia, RBV, VRIO, inimitability, and value creation.

Question 6 of 40

What happens after a dominant design emerges?

Pick one: press 1-4 on your keyboard or click an option.
A

Demand usually collapses because substitutes emerge.

B

Tech uncertainty increases and no standard exists.

C

Firms should avoid building scale.

D

The industry shifts from product innovation to process innovation.