Which of the Following Are Internet Services

question 29

Multiple Choice

Which of the following are Internet services?

• A) the World Wide Web
• B) email
• C) VoIP
• D) FTP

Identify factors that contribute to a firm's cost advantage or differentiation advantage.

Understand the strategic priority of value chain activities in achieving competitive advantage.

Comprehend the relationship between efficiency in value chain activities and competitive advantage.

Analyze the impact of individual value chain activities on a firm's overall strategy.

---

Definitions:

Circular Flow Model

An economic model that describes the movement of money, goods and services, and resources between producers and consumers in the economy.

Entrepreneurial Ability

The skill to innovate, introduce new products or processes, and successfully manage business ventures.

Rent

A periodic payment made by tenants to owners for the use of property or land, or the income derived from the lease of such property.

Resource Market

Markets where the services of the factors of production (such as labour, capital, land) are bought and sold.