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The goal of finding ways to make network effects work in a companys favor and against competitors can be achieved by: a. making sure consumers

The goal of finding ways to make network effects work in a company’s favor and against competitors can be achieved by:

a.

making sure consumers remain hesitant to bear switching costs.

b.

leveraging the positive feedback loop.

c.

taking the time to build a quality installed base for its standard after several tests and redesigns.

d.

focusing on a slow role out and moderating consumer demand.

e.

relying on other industry members to establish a technological standard or format such that it becomes as quickly as possible as the industry standard.

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