Which of the Following Strategies Is Also Called Establishing High

question 13

Multiple Choice

Which of the following strategies is also called establishing high switching costs?

• A)establishing alliances
• B)locking in suppliers
• C)reducing costs
• D)locking in customers

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Definitions:

Exploitation

The act of unfairly using someone or something for one’s own advantage or profit, often in an unethical or unjust manner.

Small Investors

Individuals who invest modest amounts of money in financial markets or ventures, lacking the significant resources of institutional investors.

Blue-sky Laws

State regulations designed to protect investors from securities fraud by requiring sellers of new issues to register their offerings and provide financial details.

State Securities Laws

Regulations established by individual states governing the sale and distribution of securities to protect investors against fraud.