Question

If every new product has a first-mover advantage, then why do products fail?

2. Do you view 3D printing as sustaining or disruptive technology?

3, Do you view drones as sustaining or disruptive technology?

4. Choose one of the products listed and determine what the company could have done to prevent the product from failing.

5. Can you name another technology product that failed? Why did it fail? What could the company have

Answer 1

1) each new product which fits to the market can have initial lawn mower advantage within the market. they're typically awarded with vast profit margins and monopoly standing. But, there's a clause here, not each new product are going to be awarded. Because, not all merchandise ar triple-crown within the market. Few reasons why merchandise aren't triple-crown or they fail as a result of -

If the merchandise has defects, or not up to the standards
If the value of the merchandise is simply too high, however the standard of the merchandise isn't as per the value
If any incident like product blasting, or over heating of the merchandise happens
If the merchandise goes to repair oft
If the merchandise satisfies all or any few of the on top of reasons, then the merchandise fails within the market

2) 3D priniting may be a riotous technology. Because, nobody has even expected the wherever all 3D technology is being employed currently. Presently, 3D printing is being employed in sectors like - region business, Automative business, Medical, Construction, producing, and there aren't additional to come back. 3D printing is unquestionably riotous that helps to make new markets.

3) Drones return underneath riotous technology. With Drones, there's plenty of innovation bobbing up. Drones ar wont to deliver medical provides to the remote locations and disaster places. It helps to observe the location of the enemy in military, it will even navigate and supply info regarding the places wherever human's don't have any access, like deep inside the layer , etc. the employment of drones has been increasing, every year. Hence, it's ultimately a riotous technology.

4) the merchandise chosen is - Taxis. If a corporation is coping with taxis, then so as to stay them triple-crown, company needs to do the subsequent -

If the taxis ar offered at low costs
Discounts and offers will be given to draw in additional individuals
Taxis ought to be created out there the least bit the time, even throughout odd hours, once individuals required them the foremost