In a market influenced by network effects, the winning product or service is determined by its technical superiority.

Question

Quizplus · Accepted Answer

In a market influenced by network effects, the winning product or service is not necessarily determined by its technical superiority alone. Other factors such as user adoption, compatibility with existing systems, and marketing strategies can also play a significant role in determining the dominant product or service in the market.

In a Market Influenced by Network Effects, the Winning Product