Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Expanding into gaming is also a way of hitting back at Tencent, whose dominance of Chinas gaming market has restricted ByteDances social-media platforms by stopping

Expanding into gaming is also a way of hitting back at Tencent, whose dominance of Chinas gaming market has restricted ByteDances social-media platforms by stopping them from broadcasting shows featuring games under Tencents empire. That is a big problem when one of the worlds most popular mobile games, Tencents Honor of Kings, can draw 180m viewers for a tournament finale.

As described in the paragraph, ByteDances decision to enter the gaming industry to provide gaming content on TikTok can be viewed as a

Group of answer choices

Diversification decision

Neither

Vertical integration decision

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance And Economics Discussion Series Measurement Error And Time Aggregation A Closer Look At Estimates Of Output Labor Elasticities

Authors: United States Federal Reserve Board, Marcello Estevao

1st Edition

1288722990, 9781288722990

More Books

Students also viewed these Finance questions

Question

1. Describe the medication use process?

Answered: 1 week ago

Question

The paleolithic age human life, short write up ?

Answered: 1 week ago