CIS 105 Final 4-7 Questions & Answers 100% Corect!

flash memory & Hard Disk - ANSWERSNon-volatile memory can maintain stored information even after the power is turned off. Examples of non-volatile memory include: (select all that apply) flash memory Hard Disk RAM All of the Above Blue Ocean Strategy - ANSWERSInstead of competing with established firms in an existing network market, firms should seek uncontested, new market spaces. This is called: Blue Zone Strategy Blue Ocean Strategy Red Waters Strategy Shark Tank Strategy Move Early Strategy & Subsidize Adoption & Backward Compatibility & Encourage the development of complementary goods - ANSWERSWhat factors can help a firm establish network effects? (select all that apply) Move Early Strategy Subsidize Adoption Backward Compatibility Encourage the development of complementary goods Two-sided Market - ANSWERSThe video game industry where console owners are attracted to platforms with the most games, and innovative developers are attracted to platforms that have the most users, is an example of: Two-sided Market One-sided Market Exchange & Staying Power & Complemetary Benefits - ANSWERSThe value derived from network effects comes from three sources: Exchange Staying Power Complemetary Benefits All of the above Convergence - ANSWERSWhen two or more markets, once considered distinctly separate, begin to offer similar features and capabilities, it is called: C