The Market Structure of the Computer Industry

question 139

Multiple Choice

The market structure of the computer industry

• A)Was originally a monopoly.
• B)Was originally perfectly competitive.
• C)Has become more competitive over time.
• D)Has become less competitive over time.

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Definitions:

Sophisticated Analytics

Involves the use of advanced methods and technologies to interpret and derive meaningful insights from data.

Google

is a global technology company primarily known for its search engine, along with various other internet services and products.

Facebook

A social networking site that allows registered users to create profiles, upload photos and videos, send messages, and keep in touch with friends, family, and colleagues.

Crowdsourcing

The practice of obtaining input or information from a large number of people, typically via the Internet, to solve problems, gather information, or generate new ideas.