Which Statement Is TRUE Regarding Network Goods

question 118

Multiple Choice

Which statement is TRUE regarding network goods?

• A) Network goods are usually sold by monopolies or oligopolies.
• B) Microsoft Word has always been the dominant word processing software
• C) Microsoft Excel has always been the dominate spreadsheet software.
• D) All of the answers are correct.

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Definitions:

International Firms

Businesses that operate across national borders, engaging in international trade or investment.

Merger or Acquisition

A corporate strategy that involves combining with or purchasing another company to increase strength and market share.

Corporate Culture

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

Mergers and Acquisitions

The processes by which companies are combined or purchased, often to expand capabilities, reach, or market share.