Question: Network effects are often associated with technology, but tech isn't a prerequisite for the existence of network effects. Name a product, service, or phenomenon that

Network effects are often associated with technology, but tech isn't a prerequisite for the existence of network effects. Name a product, service, or phenomenon that is not related to information technology that still dominates due to network effects.

Step by Step Solution

★★★★★

3.39 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

One classic example of a product or service that dominates due to network effects and is not r... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Information Systems Questions!

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

4. Network effects are often associated with technology, but tech isn't a prerequisite for the existence of network effects. Name a product, service, or phenomenon that is not related to information...

STRATEGY How Companies Become Platform Leaders Under the right circumstances, * companies of any size can grow to become platform leaders. And particular business and technology decisions can help...

Identify digital transformation theories mentioned in the article SMR JOURNAL OF SERVICE B 20280 MANAGEMENT RESEARCH SMR . Journal of Service Management Research . Issue 02/2018 EDITORS Digital...

Benchmarking: An International Journal Impact of e-procurement on procurement practices and performance Gioconda Quesada Marvin E. Gonzlez James Mueller Rene Mueller Downloaded by UNIVERSITY OF...

Journal Article Review 1. Write Title that reflects the main focus 2. Cite the article 3. Article Identification 4. Introduction 5. Summarize the Article 6. Critique 7. Conclusion The interaction...

A Journal Article Review for " The interaction between technology, business environment, society, and regulation in ICT industries". 1. Write the Title that reflects the main focus of your work. ......

1. Understand that technology is often critical to enabling competitive advantage, and provide examples of firms that have used technology to organize for sustained competitive advantage. 2....

On April 15, 2011, the board of directors for Auction.com declared a cash dividend of 65 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14. The...

Compare the description of the localized electron model (Lewis structure) with that of the molecular orbital model for the bonding in NO, NO+, and NO-. Account for any discrepancies between the two...

Sophie a 16yearold international exchange students arrives at Auckland airport to find that on one is there to collect her Being a modern and independent young woman Sophie decides to hop into a taxi...

What accounts for Nixons involvement in Watergate? His decision to admit his guilt?

Karen has a new way to do path compression in a tree-based union/find partition data structure starting at a position p. She puts all the positions that are on the path from p to the root in a set S....

Suppose we are given a directed graph G with n vertices, and let M be the nÃn adjacency matrix corresponding to G. a. Let the product of M with itself (M 2 ) be defined, for 1¤i, j...

Inside the Castle of Asymptopia there is a maze, and along each corridor of the maze there is a bag of gold coins. The amount of gold in each bag varies. A noble knight, named Sir Paul, will be given...

Jarrod receives a scholarship of $37,000 from Riggers University to be used to pursue a bachelor's degree. He spends $22,200 on tuition, $1,850 on books and supplies, $7,400 for room and board, and...

10 interview questions about personality and values in organization to ask employees

Sarah wants to invest $2M. Based on her income she is currently in the 28% tax brackets for ordinary income and in the 15% bracket for Long term capital gains. Her tax bracket for state income tax...