Format Wars
What is a Technical Standards?
A set of technical specifications that producers adhere to when making a product or component.
What is First-Mover Advantages?
A firm that pioneers a particular product category or feature by being first to offer it to market
What is Technological Paradigm Shift?
Shifts in the new technologies that revolutionize the structure of the industry, dramatically alter the nature of competition, and require companies to adopt new strategies in order to survive.
What is Dr. Tenuta's favorite color?
Blue
Battles to control the source of differentiation, and thus the value that such differentiation can create for the customer
Format Wars
Competitive disadvantages associated with being first to market
First-Mover Disadvantages
The period of time when an old method of doing something is being dropped and a new method is being adopted
Discontinuity
What is Dr. Robert Tenuta middle name?
Michael
Going to social conventions is an aspect of
Networking
Being a first mover guarantees your success T or F
False
There is only ever one technology that can replace the established technology. T or F
False
How many kids does he have
3
What 2 aspects of company do the outcomes of format wars effect
Profitability and Survival
What is the second primary sources for First Movers Advantages?
Brand Loyalty
The branch of the company that prevents decline due to paradigm shifts
Research and Development
How many times has he traveled to England
12
What is the third key winning strategies?
It jump starts the company then accelerates demand for its technology standard
What is the second source for First-Movers Disadvantage
More prone to making mistakes
All technology reaches a point where it can no longer be improved this concept is referred to as
The Natural Limit
How many degrees does he have?
4; BA, MBA, MSMOB, and PhD