Quiz 1- DPPDT (PGP-Term IV, 2024)

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Across
  1. 3. The phenomenon where platforms must continuously innovate to stay competitive. (16 letters, hyphenated)
  2. 8. A market structure where a platform caters to two or more distinct user groups that interact with each other. (14 letters)
  3. 12. In moving from an established product to a platform, at least the firm does not have to worry about? (22 letters, hyphenated)
  4. 14. A problem where early adopters are hesitant to join a platform until others do, but others won't join until early adopters do. (15 letters, hyphenated)
  5. 15. Social media wars, where one’s feature is copied by another, are a sign of the emergence of a _______ design. (8 letters)
Down
  1. 1. A strategy used by companies to offer their products or services across multiple platforms simultaneously. (11 letters)
  2. 2. The challenge of maintaining stability in a platform ecosystem where changes to one side can impact the other side. (13 letters, hyphenated)
  3. 4. Decline of portable music players, digital cameras, etc due to mobile phones. (11 letters)
  4. 5. Pepperfry is an example of ______ platform. (7 letters)
  5. 6. A scenario where one firm's success forces others to make rapid advances to catch up or surpass. (13 letters)
  6. 7. The shift from physical products or services to digital formats, making them more easily distributable. (13 letters)
  7. 9. The ability of a platform to keep users from leaving due to high switching costs. (6 letters, hyphenated)
  8. 10. The point at which a platform reaches critical mass and becomes the dominant player in the market. (7 letters)
  9. 11. The phenomenon where the value of a platform increases as more people use it. (14 letters, hyphenated)
  10. 13. A situation where a system, once broken, cannot be easily repaired or returned to its original state. (21 letters, hyphenated)