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:

Keller and Nesse's

Refers to the work or perspectives of Randolph M. Nesse and perhaps his collaborations with others like George C. Williams or Keller, focusing on evolutionary psychology or Darwinian medicine.

Sociometer Theory

A psychological theory proposing that self-esteem is an internal gauge of the degree to which one is included versus excluded by others.

Negative Emotions

Emotions that are generally perceived as being harmful to our mental well-being, such as sadness, anger, and fear, often resulting from adverse or challenging situations.

Genome-wide Association Studies

Research efforts aimed at identifying genetic variations associated with specific diseases by scanning the genomes from many individuals.