A common feature of the world's most valuable companies-Apple,Alphabet,Microsoft,Amazon,Tencent,Facebook,and Alibaba-in mid-2018 was:
A)They owned a platform (or platforms)
B)They possessed visionary leaders
C)They had focused on building competitive advantage in a clearly defined market
D)They had used strategic alliances to build their competitive positions

Question

Quizplus · Accepted Answer

All of these companies own and operate various platforms in different areas, such as Apple's iOS and iTunes, Alphabet's Google and YouTube, Microsoft's Windows and Xbox, Amazon's e-commerce and AWS, Tencent's WeChat and QQ, Facebook's social media and messaging apps, and Alibaba's e-commerce and online payment platforms. Owning a platform can provide significant competitive advantages, such as network effects, data collection, and lock-in of users.

A Common Feature of the World's Most Valuable Companies-Apple,Alphabet,Microsoft,Amazon,Tencent,Facebook,and Alibaba-In