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Assume that an entrepreneur obtained a patent and produced a product based on it. Another entrepreneur purchased the product,studied it,and designed a new product that was even better than the one patented by the first entrepreneur. What the second entrepreneur did is known as
Gen Y'ers
Individuals born approximately between 1981 and 1996, also known as Millennials, known for their unique characteristics distinct from previous generations.
Social Networks
Platforms or structures composed of individuals or organizations interconnected through various forms of relationships or interactions, often facilitated by internet-based technologies.
A social networking site that allows users to connect with friends and family, share content, and engage with various online communities.
MySpace
A social networking website launched in 2003 that allows users to create personal profiles, share music and photos, and connect with friends; it was once one of the most popular sites on the web but has since seen a decline in usership.
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