Network Externalities Exist When

question 46

Multiple Choice

Network externalities exist when

• A)the value of a product for a customer lies in how many others he can connect to.
• B)the value of a product for a customer depends significantly on the number of other users of the same product.
• C)there are large benefits to other customers.
• D)there are huge drawbacks for other customers.

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Definitions:

Supervising

The act of overseeing and guiding the work and performance of others, typically in a professional setting.

Creativity

The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Corporate Culture

The shared values, beliefs, and behaviors that shape the social and psychological environment of a business organization.

Employees

Individuals who are hired by organizations or persons to perform work in exchange for compensation.