Question: How can network effects be a basis for a successful basis for a competitive strategy of differentiation for a firm? There can be more than
How can network effects be a basis for a successful basis for a competitive strategy of differentiation for a firm? There can be more than one answer; pick all the correct ones.
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Increase the value of one firm's product compared to competitors.
Reduces probability current buyers will switch to products by another firm.
Reduces the ability of a competitor to copy your product's value and functionality.
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