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tatyana61 [14]
2 years ago
13

In a market influenced by network effects, the winning product or service is often determined by its technical superiority, with

technically strong newcomers able to unseat the dominant incumbents.
Business
1 answer:
deff fn [24]2 years ago
6 0

Answer:

false

Explanation:

A network effect happens when a product or services increases its value because people are using it, e.g. [email protected] or [email protected]

But that doesn't mean that the technically superior product is the most commonly used. For example, [email protected] is the most popular communication app but there are several technically superior apps that are not as popular, e.g. Telegram or Signal.

[email protected]'s policies and the way they sell user information is widely known and has been investigated by law enforcement agencies, but its billions of users do not seem to care and neither does its CEO since its mere volume of users provide a huge advantage over potential competitors.

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2 years ago
All of the following are disadvantages of outsourcing a product​ except: A. outsourcing allows the company to focus on its prima
devlian [24]

Answer:

A. outsourcing allows the company to focus on its primary function

Explanation:

  • The companies outsource to cut the labor costs and these include the salaries and the personal overheads and primarily used by these companies to focus on the core aspects of business.
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6 0
3 years ago
Which of the following could describe a point that lies on an input contract curve? a. An allocation of good X and good Y betwee
kiruha [24]

Answer:

An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box  ( C )

Explanation:

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3 0
3 years ago
Milton Rokeach created the Rokeach Value Survey (RVS), which consists of two sets of values, namely ________ values and ________
saw5 [17]

Answer:

A) instrumental; terminal

Explanation:

Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.

Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.

RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.

Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.

6 0
3 years ago
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The owner of a personal watercraft put an ad for its sale in the paper. Her neighbor saw the ad and told her that he wanted to b
WARRIOR [948]

Answer: D. The neighbor, because obtaining financing was a condition precedent.

Explanation:

Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.

Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.

3 0
3 years ago
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