Question

When LED televisions started becoming popular in the city of Jazetta, all the electronic stores in the city stopped selling CRT televisions. Following this, LED televisions dominated the market and became the accepted market standard for televisions in the city. In the context of innovation streams, this scenario best illustrates _____.

Answer 1

Answer:

a dominant design

Explanation:

A dominant design -

It refers to the quality or the feature of any goods or services , which spreads all over the market , is referred to as a dominant design .

The feature enables the company to use the feature , because of its growing demand all over the market , by which the company can earn good profit .

As the demand of such feature increases , the company tries to add similar features to attract more consumers .

Hence , from the given scenario of the question ,

The correct answer is a dominant design .