illustrate the importance of network externality for the emergence of dominant design.
Learning Goal: I’m working on a management question and need an explanation and answer to help me learn.Please answer the following 2 questions in a few short paragraphs. Each answer should be about half a page.Q1 .Why did Steve Jobs choose the “digital hub” strategy for Apple? Please use the case info to demonstrate Jobs’ thought process leading to the “digital hub” strategy. For example, what were the key logical steps in his mind that might lead to this strategy? You may also connect it to his experience before he chose this strategy. This question is based on the Apple case (attached)Q2. Use an example to illustrate the importance of network externality for the emergence of dominant design..1. Please don’t use these companies (MS, Intel, Apple, IBM, Numenta, Spotify)2. You can use Week 6 lecture slides as reference to answer this question (attached). You can’t use any examples mentioned in the file though.
Requirements: 10