Based on the advantages and disadvantages associated with standards battles, what should a company entering a newly developing industry do?
A) exert all efforts possible to win the standards war
B) concede to other companies if they are in an advantages
C) manage information to ensure victory of the standards war
D) hedge against the loss of a standards battle

Question

Quizplus · Accepted Answer

Hedging against the loss of a standards battle allows a company to mitigate risks and remain flexible in a newly developing industry, where the outcome of standards battles can be uncertain.

Based on the Advantages and Disadvantages Associated with Standards Battles