Question: Q1) 1-1. Are there significant switching costs that lock users into a particular social networking site? 1-2. What factors do you think to influence the
Q1)
1-1. Are there significant switching costs that lock users into a particular social networking site?
1-2. What factors do you think to influence the rate at which consumers have adopted the Tesla Model S?
1-3. Identify and explain two examples of the products that were created from Technology Brokering.
Q2)
2-1. Why innovations that offer significant improvements in technological functionality often fail to displace existing technologies?
2-2. How could those newer innovations win over existing technologies?
Q3)
In the 1880s, selling ice was a big industry in North America; it was reported that 25 million tons of ice were sold and thousands of employees were working in the industry in 1886. However, the ice industry had totally melted down by the early 1900s, after a commercial refrigeration system was introduced in 1873.
3-1. What kind of innovations is the commercial refrigeration system? Provide your argument, by applying various types of innovation.
3-2. As we can see, there is a significant interval between the introduction of a refrigeration system and the demise of the ice industry. How would you explain the interval? Explain it using the theory of Technology S-curves.
Please help me to find the elaborate answer to all those questions. Thank you.
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