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ACC270 Exam 1 (Chp. 6) Flashcards _ 100- SURE ANSWERS) Semester 2 2024 - DISTINCTION.pdf
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ACC270 Exam 1 (Chp. 6) Flashcards _ 100- SURE ANSWERS) Semester 2 2024 - DISTINCTION.pdf
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8/11/24, 7:18 AMACC270 Exam 1 (Chp. 6)
Jeremiah
ed_B
Terms in this set (10)
Which statement best describes the Network effects increase innovation within a standard but decrease the number of
relationship between network effects and innovative offerings that compete against a strongly established standard.
innovation?
_________ occur(s) when increasing number of Congestion effects
users lower the value of a product or service.
Two distinctly separate markets are said to begin to offer similar features and capabilities.
undergo convergence when they:
____________ are products or services that add Complementary benefits
additional value to the primary product or
service that makes up a network.
A market is said to be ___ if it derives most one-sided
of its value from a single class of users.
Windows OS, the iPhone, the Wii, and platforms
Facebook's application programming
interfaces allow for the development and
integration of complementary goods by third
parties. Based on this evidence, all these
products or services are said to be __ _.
Uber and PayPal used similar strategies when Leveraged viral customer promotions by giving incentives to consumers who helped
trying to jump start network effects that were recruit friends to the service.
vital in creating their dominance. What did
each do?
Which of the following terms is used as an Lock-in
alternative to switching costs?
Cisco purchased Pure Digital, maker of the Envelopment. Smartphone manufacturers and music players began to offer video
Flip video recorder, but ended up shutting recording features, enveloping the benefit provided by Pure's gear in their offerings.
the unit down a little over two years later.
The reason for Cisco's failure was:
ACC270 Exam 1 (Chp. 6)
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