Match the Computer Term with the Best Descriptor

question 1

Multiple Choice

Match the computer term with the best descriptor.
-computer containing a powerful CPU that controls the activity of the dummy monitor

• A)hardware
• B)software
• C)central processing unit (CPUs)
• D)disk drive
• E)hard drive
• F)flash drive
• G)peripheral
• H)mainframe
• I)server
• J)application program
• K)utility program
• L)HTML
• M)modem

Understand the framework for identifying competitive advantages through the value chain.

Comprehend the basis for different customer responses to the marketing mix.

Differentiate between various types of market segmentation.

Understand the role and process of segmentation, targeting, and positioning (STP) in marketing.

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Definitions:

Retail Life Cycle

The process that retail formats go through, encompassing introduction, growth, maturity, and decline stages.

Maturity Stage

The phase in a product's life cycle where sales growth slows or levels off after reaching a peak, as the product becomes saturated in the market.

Retail Life Cycle

The progression of a retail business from initiation and growth stages to maturity and then decline, similar to the product life cycle.

Decline Stage

The final phase in the product life cycle, characterized by a decrease in sales and often leading to the discontinuation of the product.