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1) Markets where strong network effects are present often exhibit a winner-take-all or winner-take-most dynamic. What...

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General Management

1) Markets where strong network effects are present oftenexhibit a winner-take-all or winner-take-most dynamic. What networkeffects-related advantages can a dominant incumbent enjoy that helpit repel rivals, and why is it so difficult for a newcomer todisplace the dominant player in these markets?

2) How has the rise of microblogging in general, and Twitter inparticular, impacted the way people communicate and dobusiness?

3) How does Uber ensure high driver quality?

4) What is distributed computing? Briefly explain the variousconcepts used in conjunction with distributed computing.

5) List some of the advantages that app developers enjoy whencompared with browser-based or packaged software development.

Answer & Explanation Solved by verified expert
4.4 Ratings (901 Votes)
1 The network markets are such which experience fierce competition in the early stages where the dominant participant who understands the business first can be working towards monoplistic power By understanding the market better the dominant party enjoys monopolistic powers where he or she develops startegies to overcome challenges in the market and takes hold of the entire population wanting to buy th product or service In this market the brand repuation increases which inturn attracts more consumers without any effort put by the seller This gives    See Answer
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