Project Management-where is MeadWestvaco’s industry on the life cycle
Answers for the following questions about MeadWestvaco industry:1- where is MeadWestvaco’s industry on the life cycle?2- what is the dominant technological design of the industry in which MeadWestvaco is primarily located?3- did this dominant technology develop quickly or more slowly? can you identify what influenced the speed of diffusion?4- where is the dominant technology on the S-curve in MeadWestvaco? what alternative technologies could present a paradigm shift?5- what is the role of standards in the focal industry?6- from a marketing perspective, what attributes describe the current major customer segment for MeadWestvaco?7- are intellectual property rights important for MeadWestvaco? can you find what strategies the firm in implementing to protect its proprietary position?