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Describe in detail the difference between a hub and a switch in a LAN. Draw a diagram of each, and then mark it to show some of the points that you have made in your discussion of the differences. Discuss the difference between shared Ethernet and switched Ethernet in light of your answer.
Industrial Organization Economics
A branch of economics that deals with the structure, behavior, and performance of industries and firms, including competition and regulation.
Competitive Advantage
The attributes or circumstances that allow a company to produce goods or services better or more cheaply than its competitors.
Structure Characteristics
The inherent attributes and qualities that define the composition and framework of an organization, system, or physical object.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more appealing to a particular target market.
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