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Marketing on Interne
Network Effects/ Online social network
| Question | Answer |
|---|---|
| According to the Metcalfe's Law, the value of a network increases at about the same speed as the total number of nodes in the network. | false |
| What connects the information available on the Internet to each other? | Hyperlinks |
| The Google website provides a jumping board for many other websites. It also receives a lot of incoming links from other websites. Google can be considered which part of the bowtie shaped Web? | Core sites |
| According to network effect, the value of a product increases as | The number of people use the product |
| Mary's close social network consists of 10 individuals (including Mary herself). How many total possible non-directional connections can exist in that network? | 45 |
| If the actual number of connections in Mary's network above is 9, what is the clustering coefficient for her network? | 0.2 |
| Which of the following is a weakness of a high-clustering network? | It does not reach very far. |
| For a company who wants to let as many people know about its products as possible, it should choose a network with a _______ clustering coefficient. | low |
| From a network perspective, why was it a smart idea for Facebook to first expand among college students? | Because college students are more highly connected and represent a relatively high-clustering network. |
| According to the HBR article we read this week, the multi-homing factor refers to which of the following? | Do consumers have multiple close friends on the network? |