Product Value
Technology based products may have three sources of value: standards, networks, and complimentary goods. Read the WSJ case, analyze the importance of each of the three sources of product value Your analysis should be no more than two pages.
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It is very critical for any business to set standards for its products this will ensure that the business cuts down its operational costs through improved systems. This also ensures that there is customer satisfaction with the product being provided. Standards also allow the business to transverse new markets as well as retaining customer loyalty in their product. The Layer3 TV for…
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