Question

Which of the following can a platform business do to grow the ecosystem? 1. Target users...

Which of the following can a platform business do to grow the ecosystem?

1. Target users for online education and training
2. Use data analytics to obtain insights on buyers and sellers behaviour
3. Provide Application Programming Interfaces (APIs) and Software Development Kits (SDK)
4. All of the listed choices
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Answer #1

All of the listed choices are correct:-

1. It provides Online Education about the business to the targetted users

2.It also provides the data analytics to realize the customer's buying behavior.

It analyses data out of all the stored information in cost effective manner and provides easiness in Retrieval of these informations.

3.platform business use various Application programming interfaces in order to build the business application softwares in order to define the methods of communication between this software components clearly.

It uses various software development kits which help in creation of applications for their business or similar development platform.

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