Jimmy Wales founded Wikipedia, a user-generated online encyclopedia that has 42 times as many articles as Encyclopedia Britannica and is viewed 7 billion times every month. (A 2005 study of Wikipedia found that the typical Wikipedia article contained only slightly more errors than a similar article from the Britannica.) It is a nonprofit operation. Wales decided at Wikipedia's inception that user devotion to the web-site could be harnessed later to make Wikipedia-like products for profit. Three years ago, Wales co-founded a freely-hosted, ad-supported community hosting service called Wikia. Wales used Wikipedia's most dependable volunteer contributors to build the site, which does have advertising and promotion. The site had to draw only a small fraction of Wikipedia's more than 160 million monthly unique visitors to make a substantial profit. Within two years of its creation, Wikia was attracting more traffic daily than the web-site for the Los Angeles Times. According to the SWOT analysis, the willingness of contributors and editors to ensure that the information provided in Wikipedia and Wikia is accurate and thorough is a _____ for the company. A. threat B. strategy C. strength D. competence E. weakness
Jimmy Wales founded Wikipedia, a user-generated online encyclopedia that has 42 times as many articles as Encyclopedia Britannica and is viewed 7 billion times every month. (A 2005 study of Wikipedia found that the typical Wikipedia article contained only slightly more errors than a similar article from the Britannica.) It is a nonprofit operation. Wales decided at Wikipedia's inception that user devotion to the web-site could be harnessed later to make Wikipedia-like products for profit. Three years ago, Wales co-founded a freely-hosted, ad-supported community hosting service called Wikia. Wales used Wikipedia's most dependable volunteer contributors to build the site, which does have advertising and promotion. The site had to draw only a small fraction of Wikipedia's more than 160 million monthly unique visitors to make a substantial profit. Within two years of its creation, Wikia was attracting more traffic daily than the web-site for the Los Angeles Times.
According to the SWOT analysis, the willingness of contributors and editors to ensure that the information provided in Wikipedia and Wikia is accurate and thorough is a _____ for the company.
| A. |
threat |
|
| B. |
strategy |
|
| C. |
strength |
|
| D. |
competence |
|
| E. |
weakness |
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
