Author Question: Network effects refer to the ________. A) increased value of a product or service because there ... (Read 16 times)

FButt · **on:** Jul 7, 2018

Network effects refer to the ________.

A) increased value of a product or service because there are more people using it
B) the additional costs incurred by customers when they change suppliers
C) the leveraging influence of customers over suppliers
D) ability of suppliers to charge more owing to the lack of competition

Question 2

Which of the following assets is a part of human capital?

A) business processes
B) interview techniques
C) patent documents
D) contracts