While Wikipedia Has Ridden Its Pioneer Advantage to Become as Familiar

question 55

Multiple Choice

While Wikipedia has ridden its pioneer advantage to become as familiar as eBay and Google,Citizendium believes it can overtake Wikipedia as the most popular online collaborative Internet encyclopedia because its ________ includes significantly reduced R&D time.

• A) product life cycle
• B) leverageable advantage
• C) core competency
• D) channel differentiation
• E) second mover advantage

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Definitions:

Accumulated Depreciation

The total amount of a company's assets' depreciation since the assets were acquired, reflecting how much of the assets' value has been used up over time.

Drawing Account

An account used to record withdrawals of cash or other assets from a business by the owner for personal use.

Final Entries

Journal entries made at the end of an accounting period to prepare accounts for the next period or close the books.

Journalizing

The process of recording a transaction in the journal.