Network Externalities Are

question 8

Multiple Choice

Network externalities are:

• A)The set of effects related to the network organizational structure, where many firms are connected through loose but efficient linkages
• B)The idea that the value of a product for a customer depends on the number of other users of the same product
• C)The costs incurred outside a firm when these costs are a direct consequence of that firm's activity
• D)The set of events, facts, and trends taking place in a firm's environment and that may impact its strategy

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Definitions:

Temperament

The inherent part of an individual's personality, often evident from childhood, including aspects such as mood, disposition, and adaptability.

Genotype

An individual’s collection of genes that contains instructions for all physical and psychological characteristics, including hair, eye color, personality, health, and behavior.

Dizygotic Twins

Also known as fraternal twins, these are siblings born at the same time due to the fertilization of two different eggs by two different sperm.

Monozygotic Twins

Twins that are genetically identical because they were formed from a single zygote splitting into two.