Quizzol

QUESTION:

Multiple Choice Question

Which of the following statements about platform business is true?

Multiple choice question.

It is a new business phenomenon that did not exist before the advance of technology and smart phones.

Its overarching purpose is to create wealth for its employees.

It creates value not only for the businesses but also for consumers.

It is organized along a linear value chain.

ANSWER:

Which of the following statements about platform business is true?

Multiple choice question.

It is a new business phenomenon that did not exist before the advance of technology and smart phones.

Reason:

Platforms, or multi-sided markets, have been around for millennia.

Its overarching purpose is to create wealth for its employees.

It creates value not only for the businesses but also for consumers.

It is organized along a linear value chain.

It creates value not only for the businesses but also for consumers.

Posted by Cleveland on November 11, 2024