I need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions and Answer to these questions will suggest solutions centered on.
Question: Smartphone Market
âThe smartphone market has been dominated by Apple, but recently the Droid has been able to leverage Googleâs information services into market gains while Blackberry, known for its secure business-oriented network, has attempted to become more attractive with a âfriendlierâ interface. At the same time, a number of less capable fringe firms are emerging. How do these features fit into an industrial organization (IO) view of the market verses a resource-based view (RBV)?â
First, explain it and then analyze the problem by using these three questions:
1. Who is making the bad decision?
2. Does the decision maker have enough information to make a good decision?
3. The incentive to do so?
Answer to these questions will suggest solutions centered on:
1. Letting someone else make the decision, someone with better information or incentives
2. Giving the decision maker more information
3. Changing the decision makerâs incentives.
I need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions and Answer to these questions will suggest solutions centered on.
Question: Smartphone Market
âThe smartphone market has been dominated by Apple, but recently the Droid has been able to leverage Googleâs information services into market gains while Blackberry, known for its secure business-oriented network, has attempted to become more attractive with a âfriendlierâ interface. At the same time, a number of less capable fringe firms are emerging. How do these features fit into an industrial organization (IO) view of the market verses a resource-based view (RBV)?â
First, explain it and then analyze the problem by using these three questions:
1. Who is making the bad decision?
2. Does the decision maker have enough information to make a good decision?
3. The incentive to do so?
Answer to these questions will suggest solutions centered on:
1. Letting someone else make the decision, someone with better information or incentives
2. Giving the decision maker more information
3. Changing the decision makerâs incentives.
