MySpaceCom Was a Start Up by Two Entrepreneurs Who Just

question 48

Multiple Choice

MySpace.com was a start up by two entrepreneurs who just wanted a place to hang out.It grew to 117 million uses and was purchased by News Corp.This is an example of __________.

• A) Larger companies not being able to create disruptive innovations on their own
• B) Smaller companies being the hot beds for debt-based incubation
• C) Predatory pricing by technology companies
• D) Companies growing through acquisition of smaller companies with innovative new products
• E) All of the above

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Definitions:

Trade

The process of purchasing, trading, or swapping products and services among individuals or nations.

Guitar Teacher

An individual specializing in instructing students how to play the guitar, often covering both theoretical knowledge and practical skills.

Tile Layer

A skilled tradesperson who specializes in installing tiles on floors, walls, and other surfaces.

Market Economy

A market structure in which investment, manufacturing, and allocation decisions are driven by market forces of supply and demand, allowing prices for products and services to be set freely within an open pricing framework.