In: Computer Science
A single product or process architecture that dominates a product category usually 50% or more of the market. A dominant design is a de facto standard, meaning that while it may be officially enforced or acknowledged, it has become a standard for the industry. Are dominant designs beneficial for competitors, consumers, complementors, and suppliers?
Q A single product or process architecture that dominates a product category usually 50% or more of the market. A dominant design is a de facto standard, meaning that while it may be officially enforced or acknowledged, it has become a standard for the industry. Are dominant designs beneficial for competitors, consumers, complementors, and suppliers?
Ans: Firstly let's know about the dominant design.Dominat design is basically a a product class that refers to the set of product design features that basically achieve the de facto standard in a new product market.In the simple worrd we can define it is basically a technology management concept that identify the key technological features that are becomes the de facto standard.
Now coming to are dominant designs beneficial for competitors, consumers, complementors, and suppliers?We will see this one by one:
1 ) For the Competitors:
2) For the Consumers:
3) For the Complementors: Yes , the dominant design is beneficial for the complementors .This is because the complementors can make benefit by the establishment of a dominant design with the not wasting the resources that developing for the other platforms that do not thrive and we can say from an expanded market for their products.
4) For the Suppliers: No , this is because as we know that the single dominant design is that may be possible that reduce their power as the suppliers.
THANKS , i think this will give you a better intuition about your question.If you have any doubt feel free to ask in the comment section.