Microsoft Enjoyed the Benefit of Several Barriers to Entry,including All

question 105

Multiple Choice

Microsoft enjoyed the benefit of several barriers to entry,including all of the following except:

• A)lock in and switching costs.
• B)patents and copyright protection.
• C)input barriers.
• D)network externalities.

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Definitions:

Net Asset Value

The value of an entity's assets minus the value of its liabilities, often used in the context of mutual and exchange-traded funds.

Dividend Income Distributions

Payments made by a corporation to its shareholders, often derived from the company's earnings, representing a share of the profits.

Capital Gains Distributions

Earnings paid to shareholders from the fund's sale of securities, representing a portion of the profits realized by the investment.

Net Asset Value

The value per share of a mutual fund or an exchange-traded fund, calculated by dividing the total value of all the fund's assets minus liabilities by the number of shares outstanding.