If You Can Enter the Market and Build Your Data-Base

question 27

Multiple Choice

If you can enter the market and build your data-base before anyone else, you achieve
_______________in which it becomes harder and harder for competitors to get into the market and convince your customers to switch.

• A) non-compete stipulation.
• B) first-movers advantage.
• C) data mining.
• D) mining the long tail

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Definitions:

Cultural Differences

The variations in beliefs, behaviors, norms, and customs among different groups or societies, often influencing communication and interaction.

Flaming

The act of posting hostile or insulting messages online, typically in forums or comment sections, to provoke or offend.

Business Correspondence

The exchange of written communication between businesses or between a business and its customers, partners, or vendors.

Tweets

Short messages or posts made on the social media platform Twitter, limited to 280 characters, often used for sharing news, opinions, or updates.