The online platforms and tools that people use to share opinions, experiences, insights, perceptions, and various media, including photos, videos, and music, with each other best describes

A) social media.
B) cloud computing.
C) social marketing.
D) mobile commerce.

A

Business

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Identify the correct statement about differentiation

A) It usually implies lower costs for the customers. B) For highly technical products, differentiation is built solely on the basis of perception. C) It is based on obtaining an observable point of difference that customers will value. D) Consumer products are usually differentiated through real difference.

Business

The Industry Organization (IO) paradigm assumes which of the following?

A) stable political and cultural trends B) shifting foreign-exchange rates C) perfect competition D) unequal value

Business