Business, 17.08.2019 21:20, tangia

Biosense prosthetics was a leader in the prosthetic arm market and profits from it were very high. the firm developed a new computerized prosthetic arm that would render its previous prosthetics obsolete. it decided to withhold the new computerized prosthetic arm from the market. this will allow the firm to: a. minimize its return on investment in developing each generation of the product. b. make its products backward compatible. c. avoid cannibalization of the sales of its current prosthetics d. build a larger installed base for the new computerized prosthetic

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Biosense prosthetics was a leader in the prosthetic arm market and profits from it were very high. t...