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Platform and pipeline businesses Flashcards | StudBud

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In the video game console industry, the winner take all phenomenon is getting challenged by

Pipeline and platform businesses are

Platform and pipeline businesses

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A mini quiz on session 3 key takeaways

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Questions 7

Answers

1
Pipeline and platform businesses are
Answers 1, 2 and 3 are right
Compatible within the same firm
Equivalent in terms of strategy
Not compatible within the same firm
2
In the video game console industry, the winner take all phenomenon is getting challenged by
all answers are correct
The shifting balance of power to software producers
The growth and segmentation of the market
the multifunctionality of consoles
3
The "winner-take-all" phenomenon appears in platform businesses when
Answers 1, 2 and 3 are right
Using multiple platforms is costly
Users have no strong preference for special features
Network effects are positive and strong
4
The bandwagon effect refers to
Pricing strategy for platform
the increasing attractiveness of the platform as people join
Switch from resources control to resources orchestration
Answers 1, 2 and 3 are right
5
Compared to pipeline businesses, platform businesses exhibit
Answers 1, 2 and 3 are right
Network effects
supply-side economies of scale
Decreasing returns to scale
6
(Positive) network effects exist when the benefit of one participant of the platform...
Depends on the number of products sold on this platform
Depends on cost of entry to the platform
Answers 1, 2 and 3 are right
Increases with the number of participants
7
The video game console industry is a
No answer is correct
hybrid business
Pure platform business
Pure pipeline business