The Long Tail Is a Phenomenon Whereby Firms Can Make

question 32

Multiple Choice

The long tail is a phenomenon whereby firms can make money by:

• A) selling the same product at different prices with only minor tweaks in their design.
• B) leveraging customers to promote their products or services.
• C) reselling multiple versions of a single product under different brand names.
• D) offering a selection of products or services vastly greater than conventional retailers.
• E) sell the same product to virtually every customer the Internet can reach.

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Definitions:

Effective Reader Benefit

Advantages or improvements a reader gains from engaging with well-written, clear, and purposeful text.

Vivid

Describing something as strikingly bright or intense, either in color or in the detail of its description, making it very clear in the mind.

Subgroup

A smaller subset within a larger group, often sharing common characteristics or interests.

Extrinsic Benefits

Benefits that are external to the job itself, such as salary, employee benefits, or flexible working hours.