In network economics, the value of a commercial software vendor\s software products:

In network economics, the value of a commercial software vendor's software products:

In network economics, the value of a commercial software vendor's software products:

a. increases as more people use them.
b. decreases as more people use them.
c. increases due to higher marginal gain in output.
d. decreases according to the law of diminishing returns

Answer: A

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3. In network economics, the value of a commercial software vendor’s software products: Select one: a. increases as more people use them. b. decreases as more people use them. c. increases due to higher marginal gain in output. d. decreases according to the law of diminishing returns. 4. According to ITU-T, anything that has a separate and distinct existence and can be uniquely identified is referred to as: Select one: a. Identity b. Entity c. Civil Identity d. Basic Identifier set 5. All of the following are competitive forces in Porter’s model except: Select one: a. suppliers. b. new market entrants. c. disruptive technologies. d. customers. e. substitute products. 6. Before adoption of Cloud Computing which of the following is not an important factor to consider? Select one: a. Data storage b. Warranties and indemnities c. Check for unhidden costs d. How will disputes be dealt with: what law applies and where will disputes be heard? 7. Compulsory license solution belongs to – Select one: a. Destructive litigation & patent infringement b. License & monopoly c. Industrial & commercial d. Cost says 8. A firm that invests in an information system because it is a necessity of doing business does so because it is seeking to achieve which of the following business objectives? Select one: a. Operational excellence b. Improved decision making c. Competitive advantage d. Survival 9. All of the following are examples of social media companies except: Select one: a. Uber. b. Facebook. c. Twitter. d. Instagram. 10. Cloud Computing Contract Service Providers should consider the following factors, except: Select one: a. What happens if unauthorised individuals access the service? b. Copyright. c. What should happen to customer’s data at the end of the contract? d. The choice of law and jurisdiction.

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Solution:-5 Note: There are 5 types competitive forces in Porter’s model” (i) Competition in the industory (ii) New market entrants (ii) Power of Suppliers (iv) Power of Customers (v) Substitute Products. Solution:-8 (d) Survival ( Here, firm is investing in information because it’s a necessity. Otherwise rival firms will thrive . They will be a way ahead due to them investing in information. As result firm will end up losing its position. Eventually firm won’t be able to survive. * Decisions for achieving operational excellence is concerned with high Profitability. * Decisions taken to achieve Competitive adventage are taken to set the firm apart from rivals.) Solution:-9 Option a is correct uber Uber Technologies, Inc., commonly known as Uber, is an American multinational ride-hailing company offering services that include peer-to-peer ridesharing, ride service hailing, food delivery (Uber Eats), and a micromobility system with electric bikes and scooters. The company is based in San Francisco and has operations in over 785 metropolitan areas worldwide. Its platforms can be accessed via its websites and mobile apps. In California, Uber is a public utility, and operates under the jurisdiction of the California Public Utilities Commission. California Public Utilities Commission regulates public utilities within its jurisdiction, including by setting rates for transportation services provided by Uber’s “partner drivers.” As of 2019, Uber is estimated to have over 110 million worldwide users. In the United States, a 67% market share for ride-sharing in early 2019 and a 24% market share for food delivery in 2018. Uber has been so prominent in the sharing economy that the changes in industries as a result of it have been referred to as uberisation, and many startups have described their products as “Uber for X”. The National Bureau of Economic Research estimated that, in 2015, Uber had accounted for $6.8 billion in consumer surplus.As with other transportation network companies, Uber has been criticized for unfair treatment of drivers, for disrupting the taxicab business, and for increasing traffic congestion. The company has also been criticized for its aggressive strategy in dealing with regulators and for several unlawful and/or questionable practices.

Note:-*In the above question there are various questions but according to the guideline, we can’t answer multiple questions so I am answering the best general solution so that it will be helpful for you to easily solve the problem and please do upvote i am in need*