_____ Are Applications or Uses of a New Technology or Product

question 54

Multiple Choice

_____ are applications or uses of a new technology or product that are so compelling that customers adopt them in droves, curbing the demand for competing formats.

• A) Killer applications 
• B) Razor and blade applications
• C) Technical standards
• D) Network effects
• E) Concurrency control applications

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Definitions:

Written Agreement

A documented arrangement between parties that outlines terms and conditions and is legally enforceable.

Partnership

A lawful business structure operated by two or more people, who are both responsible for managing the business and sharing its earnings.

S Corporation

A special type of corporation in the United States that meets specific Internal Revenue Service criteria and elects to be taxed as a pass-through entity, avoiding double taxation on corporate income.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and a stake in the company's profits and decision-making.