Gigi had her makeup professionally applied for her prom night. She went to the beauty salon, watched the makeup artist apply cosmetics to her face, and then went home feeling gorgeous. Gina's makeover illustrates which service characteristic?

The BLP model includes a set of rules based on abstract operations that change the state of the system

Indicate whether the statement is true or false.

Which competitive strategy would NOT be used by a business in an oligopoly?

a. lowering prices b. advertising to attract customers c. differentiating product d. preventing new entrants into the market