NETW583 Quiz (all correct answers) Week 3 2018 May

Question 1

0 / 1 pts

Scenario: Firm A is now focusing their efforts on improving their efficiency in manufacturing, delivering, marketing, or deployment, rather than continuing to develop and consider alternative designs.

This an example of dominant design.

True

False

Question 2

Scenario: Firm A uses past learning experiences to recognize patterns, assimilate information, and eventually use that knowledge to complete tasks.

This an example of absorptive capacity.

True

False

Question 3

Match the following:

Installed base

Complementary goods

Question 4

Decreasing returns can lead to winner-take-all markets where one or a few companies capture nearly all the market share.

True

False

Question 5

Scenario: Firm A focuses on niche markets, but Firm B dominates the market with a single design.

This an example of network externalities.

True

False

Question 6

Match the following:

Patent

Trademark

Copyright

Question 7

Scenario: Firm A gets a patent granted to protect its product in the United States. Now Firm A can immediately take its product to France and begin production.

True

False

Question 8

Scenario: Firm A buys a bundle of patents from a financially need company to deter patent attacks from others.

This an example of patent trolling.

True

False

Question 9

Wholly proprietary systems are more likely to be adopted by customers as a result of their lower costs and ability to mix and match components.

True

False

Question 10

Diffusing a technology allows a firm with inadequate resources to determine the structure and operation of the technology, and its compatibility with other goods and services.

True

False