Which of the following is 'lock- in' not a function of?
A) First mover advantage
B) Providing a low cost version of a product in popular demand
C) Market dominance/size
D) Fierce insistence on the preservation of the lock- in status by fighting off rivals
E) Self- reinforcement as more firms adopt the standard

Question

Quizplus · Accepted Answer

Providing a low-cost version of a product in popular demand is not directly related to 'lock-in', which typically involves creating dependency or barriers for customers to switch to competitors.

Which of the Following Is 'Lock- In' Not a Function