A firm "owns" a network when it becomes
A) interconnected.
B) the industry standard.
C) compatible.
D) cost-effective.

Question

Quizplus · Accepted Answer

A firm is said to "own" a network when its technology becomes the industry standard, meaning that the majority of users adopt it, making it the dominant platform or system in the market. This often leads to network effects, where the value of the product or service increases as more people use it.

A Firm "Owns" a Network When It Becomes