Law, Privacy And Digital Data
please write full page APA style in other to answer these questions?
For apps to be featured on the iPhone, developers must build it with Apple’s software development kit and then apply for approval. Apple rejected the Google Voice iPhone App, and further stated that it would not accept any applications that incorporated Google Voice functionality. Apple reasoned that this app duplicates the phone’s core features. It also rejected Google’s location-based app Google Latitude. If you were developing a collaborative platform, do you think the best model is this collaborative model, or is the open innovation model better – if your main goal is to maximize innovation? What if your main goal is to make money?
Plaintiffs filed a class action lawsuit against investment banks alleging that they inflated prices on more than 300 IPOs, causing IPO investors to overpay for stock, and unlawfully benefited these banks through overcompensation of banking commissions and profits made through quick sales of this stock in their own accounts before prices settled into a more realistic valuation. How would you combat such abuses going forward?
Sample Solution
When it comes to developing a collaborative platform, there is no single model that is best for every situation. The decision of which model to use should depend on the developer’s main goal. For example, if the main goal is to maximize innovation, then an open innovation model may be preferable. Open innovation involves collaboration between multiple players in order to develop and share ideas and resources (Brunswicker & Chesbrough, 2016). This approach encourages creativity and allows for more diverse perspectives than traditional closed-off models do. It also improves chances of success as different partners can provide access to valuable assets like technology or customer insight that would otherwise not be available (Chesbrough et al., 2006).
On the other hand, if the primary aim is to make money then adopting a collaborative model might be a better option. Unlike with open innovation models where profits are divided amongst stakeholders, in this case all of the profits are enjoyed by one entity—the developer—which makes it easier for them make money from their products (Lorentzen et al., 2006). Additionally this approach grants control over how much data third parties have access too ensuring greater privacy protection users compared open system(Friedman 2001) .
As previously mentioned both approaches offer distinct advantages depending upon factors such as desired outcome . However its important remember that even with collaborative models developers must create product meet standards set out Apple Store approval process prior launch(Apple 2020 ) Thus foregoing either strategy does not guarantee success since ultimately user experience quality responsible determining whether app successful within marketplace.
In conclusion, deciding between an open vs closed development platform depends largely upon individual circumstances what particular goals want achieve . While open approach provides freedom creativity increase potential profit margins choosing collaborate might still viable option providing maintain strict control external influences which could adversely affect safety security customers Ultimately finding balance two strategies can help maximize overall efficiency productivity leading more successful app launch.(Kahkonen et al 2018)