Inorder to complete assignment #2 you will need to answer the belowquestions. Please complete the questions in a Word document and thenupload the assignment for grading. When assigning a name to yourdocument please use the following format (last name_Assignment #2). Useexamples from the readings, lecture notes and outside research tosupport your answers. The assignment must be a minimum of 1-full page inlength with a minimum of 2 – outside sources. Please be sure to followAPA guidelines for citing and referencing source. Assignments are due by11:55 pm Eastern time on Sunday.Chapter 2Forapps to be featured on the iPhone, developers must build it withApple’s software development kit and then apply for approval. Applerejected the Google Voice iPhone App, and further stated that it wouldnot accept any applications that incorporated Google Voicefunctionality. Apple reasoned that this app duplicates the phone’s corefeatures. It also rejected Google’s location-based app Google Latitude.If you were developing a collaborative platform, do you think the bestmodel is this collaborative model, or is the open innovation modelbetter – if your main goal is to maximize innovation? What if your maingoal is to make money? Chapter 3 2.Plaintiffsfiled a class action lawsuit against investment banks alleging thatthey inflated prices on more than 300 IPOs, causing IPO investors tooverpay for stock, and unlawfully benefited these banks throughovercompensation of banking commissions and profits made through quicksales of this stock in their own accounts before prices settled into amore realistic valuation. How would you combat such abuses goingforward?