Where They Exist, Network Externalities Are Critical Phenomena Because

question 39

Multiple Choice

Where they exist, network externalities are critical phenomena because

• A)they create positive feedback which often leads to a winner-takes-all situation.
• B)they create a winner-takes-all situation which is unfair from a competition standpoint.
• C)technological innovations tend to be resilient.
• D)governments are more and more concerned with supporting networks.

---

Definitions:

Semantic Conflict

Disagreement that arises from differences in the interpretation or understanding of specific words and phrases.

Group Norms

Unwritten rules or expectations that dictate the behavior, attitudes, and actions of members within a group setting.

Work Well

The effectiveness and efficiency with which tasks are completed or objectives are met, often in a team or workplace setting.

Fit In

The act of assimilating or adapting to a group or environment so as to be accepted or comfortable within it.