By the Late 1990s, Virtual Communities Were Selling ____________________ to Generate

question 62

Short Answer

By the late 1990s, virtual communities were selling ____________________ to generate revenue.

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Definitions:

Resource Inputs

The materials, capital, labor, and other resources required to produce goods or services in an organization.

Product Outputs

The final products or services that result from a company’s production process.

Open Systems Model

An approach that views an organization as an entity that interacts with its external environment, exchanging resources, information, and influences.

Transformation Process

The series of actions taken to convert inputs (resources) into outputs (products or services) in business or manufacturing environments.