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A platform product is best described as which of the following: a. A product bui

ID: 406049 • Letter: A

Question

A platform product is best described as which of the following:

a.

A product built around a preexisting technological subsystem that has already demonstrated its usefulness in the marketplace.

b.

A firm begins with a new proprietary technology and looks for an appropriate market to apply this technology.

c.

A variation of standard configuration typically developed in response to a specific order by a customer.

d.

Products that entail unusually large uncertainties related to the technology or market so that there is substantial technical or market risk.

a.

A product built around a preexisting technological subsystem that has already demonstrated its usefulness in the marketplace.

b.

A firm begins with a new proprietary technology and looks for an appropriate market to apply this technology.

c.

A variation of standard configuration typically developed in response to a specific order by a customer.

d.

Products that entail unusually large uncertainties related to the technology or market so that there is substantial technical or market risk.

Explanation / Answer

Ans:- a. A product built around a preexisting technological subsystem that has already demonstrated its usefulness in the marketplace.

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