Tony Has a Cell Phone, and His Cell Phone Service

question 126

Multiple Choice

Tony has a cell phone, and his cell phone service provider is Verizon.When he calls his wife, Meleah, another Verizon customer, he does not have to pay for those minutes.The more Verizon customers there are in the market, the more benefit Tony receives.This is an example of:

• A)a network externality.
• B)the Coase theorem.
• C)a Pigouvian subsidy.
• D)a technology spillover.

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Definitions:

Lewin's Force Field Model

Lewin's Force Field Model is a framework for understanding change within organizations, involving the analysis of forces driving and resisting change, to facilitate transformation.

Cultural Setting

The environment composed of the customs, practices, and social behavior of a particular people or society.

Ethical Concerns

Situations or problems demanding an individual or organization to decide between choices that need to be considered as morally correct or incorrect.

Forces Resisting Change

Various factors or entities within an organization that oppose or hinder change efforts, including but not limited to organizational inertia, cultural barriers, and individual resistance.