Relish LLC

question 15

Multiple Choice

Relish LLC. spent a lot of resources to open an exclusive outlet of low-fat pizzas made from organic ingredients. Relish made huge sales on the pizzas. Relish enjoys customer loyalty because it introduced the pizza range before any of its competitors. Which of the following concepts is illustrated in the scenario?

• A) Opportunism
• B) First mover advantage
• C) Divesting strategy
• D) Market penetration
• E) Anti-competitive strategy

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Definitions:

Place Theory

A theory in hearing that suggests different areas of the cochlea are activated by different frequencies of sound, aiding in pitch perception.

High-Pitched Sounds

Sounds that have a high frequency, typically perceived as sharp or squeaky by the human ear.

Volley Principle

A theory in auditory neuroscience suggesting that groups of neurons can respond to sound by firing in rapid succession, allowing for the perception of higher frequencies.

Neural Impulses

Electrical signals transmitted along neurons, facilitating communication throughout the nervous system.