Multiple Choice
Two distinctly separate markets are said to undergo convergence when they:
A) are dominated by a small group of powerful sellers.
B) derive most of their value from two distinct categories of participants.
C) offer products and services designed to target a specific industry.
D) are characterized by many buyers, but a single, dominant seller.
E) begin to offer similar features and capabilities.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: eBay dominated worldwide markets for auctions. Yahoo
Q19: Firms that constantly innovate do so to
Q20: Staying power is important for consumers of
Q21: Metcalfe's Law is also known as:<br>A) systemic
Q22: Social proof is defined as the negative
Q24: Which statement best describes the relationship between
Q25: _ allows Apple to use iOS as
Q26: Congestion effects often result when a key
Q27: Large firms often find new markets attractive,
Q28: Nokia is a cell phone brand that