Wikia Is an Example of a New Business Model That

question 41

True/False

Wikia is an example of a new business model that has emerged from Web 2.0.It s the accumulation of the "power of the crowd," but the potential of such a business model remains limited because of competition.

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Definitions:

Personality

The set of distinctive characteristics that lead an individual to respond in a consistent way to certain situations.

Family Life Cycle

a series of stages through which a family progresses over time, including changes in family structure and roles influenced by aging, marital status, and childrearing.

Personal Value System

An individual's set of beliefs and values that guide their behaviors and decision-making processes.

Electric Vehicle

A vehicle that is powered by an electric motor instead of an internal combustion engine, contributing to reduced carbon emissions and environmental pollution.