The Combination of Telephone Lines and the Closed Switches That

question 58

Multiple Choice

The combination of telephone lines and the closed switches that connect them to each other is called a _____.

• A) LAN
• B) WAN
• C) circuit
• D) pathway

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Definitions:

Low-Cost

Describes products or services offered at a price lower than the market average to attract cost-sensitive consumers.

Differentiation

Relates to distinguishing or creating differences between products, services, or organizational entities to create a competitive advantage.

Strategic Choice

Refers to the decisions that determine the direction of an organization's long-term goals and the means to achieve them.

Competitive Advantage

The attributes or conditions that enable a company to outperform its competitors, such as superior quality, innovative technology, or cost efficiency.