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Ideas About Conventional Strategy Are Based on a Linear Value

question 4

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Ideas about conventional strategy are based on a linear value chain approach, considering successive supplier/distributor participants to add value as a product moves along a chain to be consumed by end users. Van Alstyne, Parker, and Choudary (2016) refer to this as a platform strategy.

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Definitions:

Interview Process

A structured interaction between a job applicant and an employer aimed at assessing the applicant's suitability for a specific position.

Prospecting

The act of seeking out prospective clients, customers, or purchasers to expand business opportunities.

Solicited

Requested or sought after, often in the context of feedback, opinions, or information.

Open-ended Interview

An interview format that allows respondents to answer in their own words, providing depth and insight into their perspectives.

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