Strategy and Technology
Referencing Styles : APA | Pages : 2
1. Describe standardization, format wars, and how standardization can lead to a format war.
2. Once standardization occurs, how does the industry benefit?
3. During a format war, describe how competition occurs and how a price war can take shape.
4. Define first and second movers. How do these two entities interact within and industry, and who learns what as the industry takes shape?