As the Number of People Who Use Facebook Increases, the Value

question 140

Multiple Choice

As the number of people who use Facebook increases, the value of Facebook to its users increases. This is an example of:

• A) platform externalities.
• B) platform economics.
• C) network efficiencies.
• D) network externalities.

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Definitions:

Ambitious

Having a strong desire for success, achievement, or distinction, often coupled with a willingness to work hard.

Share Power

The practice of distributing authority and decision-making responsibility among members of a group or organization.

Own Power

The perception of one's ability to control or influence their own life and the outcomes within their personal or professional domain.

Goal Congruence

A situation in which the objectives of different stakeholders or departments within an organization align and support each other, enhancing overall organizational performance.