Question 12(1 point)Before Apple introduced the iPhone, Microsoft was in the process of developing a groundbreaking smartphone. Microsoft, being a prominent technology giant with a substantial R&D budget and a vast team of engineers and designers, seemed well-positioned for success. However, they encountered challenges such as hindering cross-departmental collaboration and fostering unhealthy competition among employees. In the end,Question 12 options:1)Microsoft went out of business due to a labor strike.2)Bill Gates was terminated from his position.3)Microsoft struggled to execute its strategy.4)Microsoft gained a competitive edge in the smartphone market.