The Standardization of Software Applications That People Can Easily Share

question 46

Multiple Choice

The standardization of software applications that people can easily share is an example of:

• A) a positive network externality.
• B) a negative network externality.
• C) a network externality that can be positive or negative.
• D) an innovation that does not carry a network externality.

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Definitions:

Inventory

Products and items that a company keeps with the final intention of selling or further processing.

Special Order

A unique, one-time order or request from a customer, often requiring customized production or handling outside of regular operations.

Capacity

Capacity refers to the maximum amount of work or output a system is capable of achieving in a given period under normal conditions.

Sales Price

The amount of money charged for a product or service; the price for which something is sold.