Final answer:
In the growth stage of competing technologies, potential outcomes include increased competition, emergence of a dominant player, and industry consolidation.
Step-by-step explanation:
In the growth stage of competing technologies, there are several potential outcomes that can occur. One possible outcome is increased competition between companies that offer similar technologies, leading to innovation and improvements in the products or services offered. Another potential outcome is the emergence of a dominant player in the market, where one company gains a significant market share and becomes the leader in the industry. This can happen when a company successfully differentiates itself from competitors or when it has a superior technology that offers unique benefits to customers.
Lastly, the growth stage can also lead to consolidation within the industry, where smaller firms are acquired by larger ones or where companies form partnerships to combine their resources and capabilities. This can help companies achieve economies of scale and compete more effectively in the market.