The availability of Internet and networking technologies have inspired strategies that take advantage of firms' abilities to create networks or network with each other.Network-based strategies include the use of ___________________________________ ecosystems.
A) network economics, a simulated company model, and business
B) network economics, a virtual company model, and business
C) network economics, a virtual company model, and political
D) network economics, a simulated company model, and political

Question

Quizplus · Accepted Answer

Network-based strategies include the use of network economics, which is the study of the economics of networks and the application of these principles to business strategy. A virtual company model is also a network-based strategy that takes advantage of firms' abilities to create networks or network with each other. Political and simulated company models are not directly related to network-based strategies in this context.

The Availability of Internet and Networking Technologies Have Inspired Strategies