Once a new product design becomes a dominant design:
A) the product is no longer profitable.
B) it becomes difficult for competitors to imitate.
C) the architecture on which the industry can focus its efforts is destabilized.
D) the product design is adopted by the majority of producers.

Question

Quizplus · Accepted Answer

Once a product design becomes a dominant design, it means that it has been widely adopted by the majority of producers in the industry. This provides a standardization of the design and allows for economies of scale to be achieved, leading to lower costs for producers. It also makes it difficult for competitors to differentiate their products and leads to increased barriers to entry in the industry.

Once a New Product Design Becomes a Dominant Design