Examlex
When Sony Playstation users want to access amenities on the Sony web site,they are required to log in and supply information such as their name,e-mail address,and birth date.They are also given the opportunity to complete a survey that captures much more information about the person and their gaming habits.Sony gathers this information and makes it available internally to better serve the customer.This is an example of a company using:
Comparative Advantage
The knack of entities, whether they are people, companies, or countries, to bring forth goods or services at opportunity costs that undercut those of competitors.
Opportunity Costs
Opportunity Costs represent the benefits that are foregone by choosing one option over an alternative one.
Specialization
The focus by an individual, firm, or country on producing a limited range of goods or services, often to improve efficiency and productivity.
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