Question: As described in the Managerial Implication Solving Coordination Problems , standard setting organizations ( SSOs ) facilitate agreement over technical standards between the
As described in the Managerial ImplicationSolving CoordinationProblems standard setting organizationsSSOs facilitate agreement over technical standards between the member companies. Incorporating a particular technical standard in a product is costly By joining an SSO and adopting a technical standard supported by theSSO a manager ensures that other firms will use the same technical standard. Under what circumstances is this approach valuable to amanager
Part
Joining an SSO and adopting a technical standard supported by the SSO is valuable to a manager when
Part
A
their resources are insufficient to invest in their own technology.
B
their company is attempting to violate antitrust laws without detection.
C
their product needs to work with other products.
D
their sales can be increased without collusion.
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