Smart Products Generally Raise Switching Costs

question 69

True/False

Smart products generally raise switching costs.

---

Definitions:

Rate of Return

Variation in the value of an investment over a specific duration, measured as a percentage of the investment's starting cost.

Annual Dividend

The total dividend payment a shareholder receives from a company over one fiscal year.

Increasing the Dividend

The action by a company to raise the amount of money paid to shareholders out of its profits on a per-share basis.

Rate of Return

The rate at which an investment gains (or loses) value over a specified period, expressed as a percentage.