With Few,if Any,competitors in an Untapped New Market,a Business Has

question 44

Multiple Choice

With few,if any,competitors in an untapped new market,a business has the opportunity to pioneer a portion of the market largely ignored by competitors.This is known as ________.

• A)network advantage
• B)economies of scale advantage
• C)horizontal integration advantage
• D)first-mover advantage
• E)vertical integration advantage

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Definitions:

Capital Investment Analysis

A financial analysis method used to evaluate the potential profits and risks of investment projects.

Federal Income Tax Ramifications

These are the effects or consequences that federal tax laws have on individuals, investments, and business transactions.

Leasing Alternatives

Options available to businesses or individuals for obtaining the use of equipment or property through leasing agreements rather than purchase.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.