Use the Following to Answer Questions

question 49

Multiple Choice

Use the following to answer questions:
Scenario 7-2. Jack loves computers and has since he was a child. He spends every waking hour programming, rebuilding, and tinkering with any computer he can find. He has just graduated with a Bachelor's Degree in Computer Science and is trying to decide what to do with the rest of his life. The computer stores in the town in which he lives are not places he would want to work. They are known for slow service, lack of quality computers, and inability to service the computers they sell. He is contemplating opening his own small business; however, lack of funds is his major problem. To deal with his lack of funds, initially he would concentrate on repair and service of existing computer systems and then expand into selling new computers as his capital base grew. He knows he could do a better job with customer service than what his competitors currently are doing.
-In Scenario 7-2 above, Jack's competitive advantage would be which of the following?

• A) His emphasis on customer service
• B) Lower prices
• C) Established customer base
• D) His education

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Definitions:

Cerebellum

A part of the brain located at the back of the skull, primarily involved in coordinating movement and balance.

Hippocampus

A major component of the brain that plays critical roles in memory formation, navigation, and the emotional response.

Benzodiazepines

A class of psychoactive drugs used primarily for treating anxiety, insomnia, and several other conditions, known for their tranquilizing effects.

Elimination Half-life

The time it takes for the concentration of a substance in the body to reduce by half through natural processes.