Advanced Competitive Strategy | Online Course Support

Which of these statements are correct? Tick the right boxes.

ByAdmin September 5, 2021September 5, 2021

If Ui = a + uˣ and the stand-alone value (a) of a network good is 5 and the strength of the network effect is 2 and there are 10 people (u) using it, the utility a consumer derives from this good is 105.

This is correct: Ui= 5 + 10² = 105.

Metcalfe’s law describes the exponential growth in potential connections in products with direct network effects. The extra connections increase with each additional user.

This is exactly the definition of Metcalfe’s law.

An example for a good with direct network effects is Facebook.

This is right. The value of Facebook depends on how many other users communicate through Facebook. If no other users have Facebook, there is no need in getting it.

The utility function of a good with direct network effects, with its dependent variable being the percentage of adoption and its independent variable being time, typically follows an s-shape.

The utility a consumer derives from a network good depends on his mood.

Pioneers always have the lowest willingness-to-pay, but want to be the first ones to buy the new product.

In a market with direct network effects, the diffusion process follows an s-shape.

This is exactly right according to the theory of network goods.

Meaningful Marketing Insights | Online Course Support

A pie chart is an appropriate tool for visualizing:

ByAdmin September 11, 2021September 11, 2021

2. Question 2 A pie chart is an appropriate tool for visualizing: 1 / 1 point return on investment. market potential. market share of different retailers in an industry. …

Food & Beverage Management | Online Course Support

Which of the following are primary associations?

ByAdmin September 10, 2021September 11, 2021

10. Question 10 Which of the following are primary associations? 1 / 1 point Celebrity endorsement and attributes Value and events Value and competitors

Construction Cost Estimating and Cost Control | Online Course Support

The level of design will dictate how detailed your estimate will become.

ByAdmin September 7, 2021September 7, 2021

5. Question 5 The level of design will dictate how detailed your estimate will become. 1 / 1 point True False Correct, the level of design does dictate how…

Hypothesis-Driven Development | Online Course Support

You are conducting usability testing for software that is supposed to improve HVAC technicians’ ability to arrange delivery of the correct parts to their job site. The technicians who participated in user testing are enthusiastic about the software, but many of them are having trouble understanding a search feature meant to help them find the appropriate parts. Some are asking that additional documentation be added as required reading before using the feature. How can you improve usability?

ByAdmin August 15, 2021August 15, 2021

4. Question 4 You are conducting usability testing for software that is supposed to improve HVAC technicians’ ability to arrange delivery of the correct parts to their job site. The…

Online Course Support | Understanding economic policymaking

The most important difference between real and nominal GDP is

ByAdmin August 22, 2021August 22, 2021

5. Question 5 The most important difference between real and nominal GDP is 1 point That real GDP includes C+I+G+(X-M), while nominal GDP includes other elements of aggregate demand…

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