Exam 8: Understanding Network Effects: Strategies for Competing in a Platform-Centric, Winner-Take-All World

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Envelopment is a management strategy where a dominant firm acquires all the layers in its value chain to increase profitability.

(True/False)

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Question 61

One way firms seek to strengthen their platforms and encourage third parties to develop complementary goods is by offering ___________.

(Short Answer)

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Question 62

_____ occur(s) when increasing number of users lower the value of a product or service.

(Multiple Choice)

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Question 63

Moving first plays a significant role in markets influenced by network effects.

(True/False)

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Question 64

The phenomenon of ________________________________________ exists when increasing numbers of users lower the value of a product or service

(Short Answer)

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Question 65

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:

(Multiple Choice)

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Question 66

_____ involves competing by offering a new technology that is so superior to existing offerings that the value overcomes the total resistance that older technologies might enjoy via exchange, switching cost, and complementary benefits.

(Short Answer)

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Question 67

When developers of complementary products invest, time writing software-and users install, learn, and customize these products-___are created that enhance the _ of a given network.

(Short Answer)

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Question 68

A Blue Ocean strategy often works best when combined with operational effectiveness.

(True/False)

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Question 69

The ability to take advantage of complementary products developed for a prior generation of technology is known as _____.

(Short Answer)

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Question 70

The rise of social media has made _____ promotion a tool that many firms can exploit.

(Short Answer)

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Question 71

Showing 61 - 71 of 71

Envelopment is a management strategy where a dominant firm acquires all the layers in its value chain to increase profitability.

One way firms seek to strengthen their platforms and encourage third parties to develop complementary goods is by offering ___________.

_____ occur(s) when increasing number of users lower the value of a product or service.

Moving first plays a significant role in markets influenced by network effects.

The phenomenon of ________________________________________ exists when increasing numbers of users lower the value of a product or service

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:

_____ involves competing by offering a new technology that is so superior to existing offerings that the value overcomes the total resistance that older technologies might enjoy via exchange, switching cost, and complementary benefits.

When developers of complementary products invest, time writing software-and users install, learn, and customize these products-___are created that enhance the _ of a given network.

A Blue Ocean strategy often works best when combined with operational effectiveness.

The ability to take advantage of complementary products developed for a prior generation of technology is known as _____.

The rise of social media has made _____ promotion a tool that many firms can exploit.

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Google in Three Parts: Search, Online Advertising, and an Alphabet of Opportunity

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Exam 8: Understanding Network Effects: Strategies for Competing in a Platform-Centric, Winner-Take-All World

Envelopment is a management strategy where a dominant firm acquires all the layers in its value chain to increase profitability.

One way firms seek to strengthen their platforms and encourage third parties to develop complementary goods is by offering ___________.

_____ occur(s) when increasing number of users lower the value of a product or service.

Moving first plays a significant role in markets influenced by network effects.

The phenomenon of ________________________________________ exists when increasing numbers of users lower the value of a product or service

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:

_____ involves competing by offering a new technology that is so superior to existing offerings that the value overcomes the total resistance that older technologies might enjoy via exchange, switching cost, and complementary benefits.

When developers of complementary products invest, time writing software-and users install, learn, and customize these products-_________are created that enhance the _______ of a given network.

A Blue Ocean strategy often works best when combined with operational effectiveness.

The ability to take advantage of complementary products developed for a prior generation of technology is known as _____.

The rise of social media has made _____ promotion a tool that many firms can exploit.

Setting the Stage: Technology and the Modern Enterprise

Strategy and Technology: Concepts and Frameworks for Understanding What Separates Winners From Losers

Zara: Fast Fashion From Savvy Systems

Netflix in Two Acts: the Making of an E-Commerce Giant and the Uncertain Future of Atoms to Bits

Moores Law and More: Fast, Cheap Computing and What This Means for the Manager

Disruptive Technologies: Understanding the Giant Killers and Considerations for Avoiding Extinction

Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

Social Media, Peer Production, and Web 20

The Sharing Economy, Collaborative Consumption, and Creating More Efficient Markets Through Technology

Facebook: a Billion-Plus Users, the High-Stakes Move to Mobile, and Big Business From the Social Graph

Rent the Runway: Entrepreneurs Expanding an Industry

Understanding Software: a Primer for Managers

Software in Flux: Open Source, Cloud, Vittualized and App-Driven Shifts

The Data Asset: Databases, Business Intelligence, Analytics, Big Data, and Competitive Advantage

A Managers Guide to the Internet and Telecommunications

Information Security: Barbarians at the Gateway and Just About Everywhere Else

Google in Three Parts: Search, Online Advertising, and an Alphabet of Opportunity

Filters

When developers of complementary products invest, time writing software-and users install, learn, and customize these products-___are created that enhance the _ of a given network.