A Network Good Is

question 35

Multiple Choice

A network good is:

• A) a broadcast show on radio or television.
• B) a good that must be bought in large quantities in order to get discounted prices.
• C) a good supplied by a large network of competitive firms.
• D) a good whose value increases to consumers as more consumers use the good.

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Definitions:

Cultural Change

The transformation of the collective behaviors, values, practices, and norms of an organization or society over time.

Organization's Culture

The shared values, beliefs, norms, and practices that define a business or institution and shape its work environment and employee behavior.

Difficult Change

Refers to changes or transformations within an organization or individual's life that are hard to implement and accept.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, recognizing and valuing differences in tradition, history, and modes of expression.