Quiz 1- DPPDT (PGP-Term IV, 2024)
Across
- 3. The phenomenon where platforms must continuously innovate to stay competitive. (16 letters, hyphenated)
- 8. A market structure where a platform caters to two or more distinct user groups that interact with each other. (14 letters)
- 12. In moving from an established product to a platform, at least the firm does not have to worry about? (22 letters, hyphenated)
- 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)
- 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. A strategy used by companies to offer their products or services across multiple platforms simultaneously. (11 letters)
- 2. The challenge of maintaining stability in a platform ecosystem where changes to one side can impact the other side. (13 letters, hyphenated)
- 4. Decline of portable music players, digital cameras, etc due to mobile phones. (11 letters)
- 5. Pepperfry is an example of ______ platform. (7 letters)
- 6. A scenario where one firm's success forces others to make rapid advances to catch up or surpass. (13 letters)
- 7. The shift from physical products or services to digital formats, making them more easily distributable. (13 letters)
- 9. The ability of a platform to keep users from leaving due to high switching costs. (6 letters, hyphenated)
- 10. The point at which a platform reaches critical mass and becomes the dominant player in the market. (7 letters)
- 11. The phenomenon where the value of a platform increases as more people use it. (14 letters, hyphenated)
- 13. A situation where a system, once broken, cannot be easily repaired or returned to its original state. (21 letters, hyphenated)