What Is Web 2.0

question 92

Multiple Choice

What is Web 2.0?

• A)social networking sites that allow users to publish and share information
• B)an advanced type of search engine that disregards most unusable data
• C)a type of Internet platform that displays information but does not have interactivity
• D)a program that allows businesses to sell merchandise on the Internet more securely
• E)a new form of web-based video communications technology

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Definitions:

Competitive Advantage

Circumstances or factors that place an enterprise at a beneficial or higher standing against its competition.

Focus Strategy

A competitive approach where a firm concentrates its resources on entering or expanding in a narrow market segment to achieve a competitive advantage.

Market Segment

A sub-group of a larger market made up of consumers or organizations with similar characteristics that lead them to have similar product and service needs.

Niche Customer Group

A specific segment of the market targeted by businesses for their specialized product or service needs.