If TechnoGeek and VarsityBlue compete in the same market for the same customer and TechnoGeek generates $900 of economic value each time it sells a product or service while VarsityBlue generates $400 of economic value each time it sells a product or
service, TechnoGeek has a(n) ________ of $500.
A) perceived benefit
B) economic value
C) cost advantage
D) competitive advantage
D
Business
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Banner ads that appear when a predetermined word is queried from a search engine are
A) personalized banners. B) random banners. C) keyword banners. D) stylized banners.
Business
Which of the following best explains why flexibility is an important quality that Christina needs for success?
A) It takes a certain amount of money to start a business. B) It often helps to have a business partner in a new business. C) Starting a new business requires a great deal of planning. D) Starting and running a new business involve many unpredictable factors. E) An entrepreneur must be extremely competent in business skills.
Business