According to the Example Provided in Chapter 5, Www

question 59

Multiple Choice

According to the example provided in Chapter 5, www.1800contacts.com possesses a nontraditional barrier to entry referred to as ________.

• A) unique business model
• B) strength of management team
• C) access to distribution channels
• D) Internet domain name
• E) first-mover advantage

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Definitions:

Environmental Learning

The acquisition of knowledge, skills, or attitudes as a result of interaction with one's surroundings or environment.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Factors Affecting

Variables or conditions that can influence the outcome or behavior in various contexts, such as environmental, social, or psychological elements.

Aging

The process of becoming older, which entails biological, emotional, intellectual, and social changes.