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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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Knowledge Check 01 On January 1, Year 1, Abbott Company granted 92,000 stock options to certain executives. The options are exer
Westkost [7]

Answer:

$153,333

Explanation:

Calculation to determine What amount should Olympic recognize as compensation expense for 2016

Using this formula

Compensation expense =Total compensation/Vesting period

Let plug in the formula

Compensation expense=($5 x 92,000)/3 years

Compensation expense=$460,000/3 years

Compensation expense=$153,333

Therefore What amount should Olympic recognize as compensation expense for 2016 is $153,333

5 0
2 years ago
Which of the following is an example of a soft skill?
Stolb23 [73]

Answer:

c because you have to work with people and that is a soft skill

8 0
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Ben cartwright runs the wild west wax museum in carson city, nevada. the museum has been in business for 40 years and is a major
lawyer [7]

<u>Solution and Explanation:</u>

The implicit cost of capital

Implicit cost of capital is the opportunity cost of capital which is already incurred but not reported as a separate cost/expense, Implicit cost is the cost which results from using an existing asset instead of selling or renting it.

For example when a businessman uses his/her existing land which has implicit cost of say $1000 per month but bought it for say $100 many years ago, so $1000 is its implicit cost/current market rent per month which is equal to its oppo

5 0
3 years ago
Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 51,870 Direct la
Virty [35]

Answer:

$19.20

Explanation:

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First step is to compute the Total Product cost

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Overhead (516*13) 6,708

Total Product cost $63,363

Now let Compute the unit product cost

Unit product cost=$63,363/3,300 units

Unit product cost =$19.20

Therefore the unit product cost that would appear on the job cost sheet for this job is $19.20

8 0
2 years ago
What are closing costs?​
I am Lyosha [343]

Answer:

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4 0
3 years ago
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