A Network Externality Occurs When

question 268

Multiple Choice

A network externality occurs when

• A) there is production cost savings from being networked with suppliers.
• B) there is production cost savings from being networked with buyers.
• C) the usefulness of a good is affected by how many others use the good.
• D) the usefulness of a good is affected by celebrities who use the good.

Explain the concept of needs as it relates to motivation and behavior in the workplace.

Understand the role of equity, expectancy, and goal-setting in employee motivation.

Identify the differences between content and process theories of motivation.

Understand the implications and criticisms of management by objectives.

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Definitions:

Detinue

A legal action to recover possession of personal property wrongfully taken or retained.

Trespass to Land

The act of unlawfully entering, crossing, or remaining on someone's property without permission.

Two Elements

Refers to the necessary components or conditions that must be present for a particular concept or rule to apply.

Trespass

An unlawful act of entering or remaining on the land or property of another without permission, which can lead to legal action.