Dominant design theory, according to Suarez and Utterback, addresses certain reasons why some organisations do not survive in innovative environments. Dominant designs act as industry standards, and can develop when certain conditions exists. Briefly explain these four conditions that must exist in order for a dominant design to act as an industry standard.

Dominant design theory, according to Suarez and Utterback, addresses certain reasons why some organisations do not survive in innovative environments. Dominant designs act as industry standards, and can develop when certain conditions exists. Briefly explain these four conditions that must exist in order for a dominant design to act as an industry standard.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

Write a pargraph List two reasons (of four) that strategic alliances and collaborative partnerships might fail to live up to each partner’s expectations.
Which of the following two strategies do not work well once a number of competitors emerge in the industry? A. localization and international B. transnational and global standardization C. international and global standardization D. localization and transnational
A local council/Baldiya issued a tender request for the construction of a small community center. Mr. Shoaib who owned a small construction firm applied for the tender. However, the local council rejected his proposal on the basis that his firm size is too small and hence it is less likely that his firm will complete construction in the agreed time, cost, and quality. Based on this information, which of the disadvantage of the small business is highlighted in this example? a. Lack of proper planning b. All the options are correct c. Less availability of capital d. Lack of skilled human resource
Describe three "needs" that 3D printing may satisfy.What's your solution? Which of the three "needs" matches your 3D printing issue? This 3D printing project's selected solution?
Explain the picture below. purpose of reverse innovation how it works example
Need this
1. Evaluate the market attractiveness for EMR Innovations in terms of market factors, competitive factors, and innovative factors if any. 2. Identify potential target markets for the Lock-Awn Anti-Billowing Device, using the following factors (1) needs; (2) attractiveness; and (3) positioning
This mcq Question from INTRODUCTION TO BUSINESS ADMINISTRATION course.I Need the final answer just.
Explain the C2B model and give an example.
CB Assignment 5 (Consumer Decision Making) After watching the Consumer Decision Making Presentation, complete the following spread sheet and indicate which brand is most likely to be selected for each of the approaches below. Smart Phones for Smart Phone Attitudes Product Attributes Price Good Reception Screen Size Camera Quality Weight Conjunctive: Product Attributes For Conjunctive use a cutoff rating of 4. For Disjunctive use a cutoff rating of 10. Price Good Reception Screen Size Camera Quality Weight Brand Selected= Disjunctive: Product Attributes Price Good Reception Screen Size Importance Rating 35 25 20 10 10 Camera Quality Weight Brand Selected= A 6 8 8 4 6 35 25 20 10 10 Brand Scores B с 8 7 6 5 A 9 2 7 Minimum Rating =4 (on all attributes) Importance Ra 10 6 3 Brand Scores Rating of 10 on ANY attribute Importance Rating 35 25 20 10 10 Brand Scores C A B D 5 6 8 2 4 D D Lexicographic: Select Best Performer for Most Important Attribute
Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins. As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…
Create a prototype of a product or service that you want to market for future business. Product/service description should be included. Use the space provided below PRODUCT/ SERVICE NAME: PRODUCT/ SERVICE DESCRIPTION: