Orange, an online-gaming site, has millions of users. The site has many games which pit users against each other. The relative standing of each user is presented in the form of an elaborate ranking system for each game. Users pride themselves on gaining the highest points and the highest rank possible. This rise in user participation has increased the value of Orange significantly. This is an example of ________.
A) monopolistic competition
B) internal marketing
C) network effects
D) guerilla marketing
Correct Answer:
Verified
Q31: Rivalry in an industry is high when
Q32: Which of the following companies will have
Q33: Which of the following strategies is devised
Q34: If a supplier has a limited number
Q35: Which of the following is the best
Q37: Which of the following is a valid
Q38: _ are the costs that customers incur
Q39: _ is high in an industry when
Q40: Network effects refer to the _.
A)increased value
Q41: A disruptive innovation is _.
A)a new product
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