Windows OS, the IPhone, the Wii, and Facebook's Application Programming

question 59

Multiple Choice

Windows OS, the iPhone, the Wii, and Facebook's application programming interfaces allow for the development and integration of complementary goods by third parties. Based on this evidence, all these products or services are said to be _____.

• A) pure plays
• B) coopetitors
• C) adaptors
• D) platforms
• E) venture capitalists

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Definitions:

Net Income

The amount of profit left after all expenses, taxes, and costs have been subtracted from total revenue.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, often referred to as shareholders' equity.

Common Stock Dividends Distributable

A liability account representing the amount of dividends declared by a company's board of directors but not yet paid to common shareholders.

Paid-in Capital

Funds raised by a company in exchange for issuing shares of its stock, representing the investment made by shareholders into the business.