disruptive technology
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technology that brings about a sweeping change to businesses and
industries
social asset examples
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the internet and telecommunications infrastructure
technology standards
first-mover advantage
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occurs when an organization can significantly impact its market share by
being first to market with a competitive advantage
ex. myspace (taken over by facebook when they gained a competitive
advantage)
entry barrier
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a feature of a product or service that customers have come to expect and
entering competitors must offer the same for survival (ex. google's search
engine)
threat of substitutes/services
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high when there are many alternatives, low when there are few
Give this one a try later!
technology that brings about a sweeping change to businesses and
industries
social asset examples
, Give this one a try later!
the internet and telecommunications infrastructure
technology standards
first-mover advantage
Give this one a try later!
occurs when an organization can significantly impact its market share by
being first to market with a competitive advantage
ex. myspace (taken over by facebook when they gained a competitive
advantage)
entry barrier
Give this one a try later!
a feature of a product or service that customers have come to expect and
entering competitors must offer the same for survival (ex. google's search
engine)
threat of substitutes/services
Give this one a try later!
high when there are many alternatives, low when there are few
