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Once You Have a Lot of Compiled User Generated Information

question 63

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Once you have a lot of compiled user generated information collected through the web, it is immediately available for use in a knowledge management system.


Definitions:

Relatively Easy Entry

Refers to industries or markets where barriers to entry are minimal, allowing new competitors to join with fewer obstacles.

Similar Products

Goods that serve the same purpose or function and can substitute for each other in consumer usage.

Large Number

Refers to a quantity significant enough to influence or be noticed within a particular context, often used in statistical or mathematical analyses.

Monopolistically Competitive

Describes a market structure where many firms sell products that are similar but not identical, allowing for competition based on product differentiation.

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