Applico CEO: Monopolies Aren't Always a Bad Thing

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Business
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University
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Hard
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What distinguishes a platform from a traditional app according to the text?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What role do independent producers play in the platform business model?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
How do platforms like Uber and YouTube create value for their users?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What are some examples of companies that operate on a platform business model?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the platform business model differ from linear business models?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
Why are traditional monopolies considered to stifle innovation?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What challenges do platforms face in achieving monopoly status?
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