1. The value of open platforms: In the attached Video transcript Brynjolfsson and McAfee shared their thoughts on Steve Jobs’ reluctant decision to open the App Store to outside developers. This kind of strategic choice, in which the value of careful curation needs to be weighed against the possible benefits of expanding the products on offer, for example, can be fundamental to success or failure in the digital economy. With this in mind, answer the following question:
* Why was it more valuable for Steve Jobs to open the platform than to manage every aspect of the experience to ensure quality? (100 words)
2. Commoditization and price reductions: Imagine a future in which platforms have taken over. Standalone product companies are losing market share and profits to platform-based companies. Consumers are flocking to platform-enabled products that are heavily customized, have deep communities that help the customer get the most out of the product, and even let the consumer “borrow” or “share” the product without the costs and hassles of ownership. Platform companies are monetizing the aggregated data they collect and using those revenues to subsidize the product and network growth.
• How could a TV station capitalize on the benefits of platforms?
• What kinds of pricing strategies could you employ to retain a share of the market?
Write a memo to your CEO about the options available to a TV Station in such a world. (350 words)
3. Consider your answer for Question 2 and include the most suitable platform transformation in a TV Station. Use the Matrix of Change editable PDF template that you have used for previous ongoing project submissions to indicate how you could include this transformation in a TV station and the existing practices and processes that have already been included there. Determine if the new process will complement or compete with existing practices. (100 words)
Our Advantages
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
Free Revisions
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
Title-page
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Bibliography
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homework Valley, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Services
We work around the clock to see best customer experience.
Pricing
Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Communication
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
Deadlines
Paper Submission
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Reviews
Customer Feedback
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.