Michael Wants to Launch a New Product

question 75

Multiple Choice

Michael wants to launch a new product. He creates a website specifically for this on the Internet and uploads a short video demonstration of his product on the website. He also appeals to the viewers to make donations to help him start production. People respond well to his idea and help him collect enough financial resources to start his business. The opportunity of _____ is highlighted in the given scenario.

• A) exploiting a market niche
• B) providing personal customer service
• C) having lower overhead costs
• D) using technology

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Definitions:

Privacy Setting

User-controlled options within software or online platforms that allow individuals to manage access to their personal information and control who can see their content.

Location

A specific place or position, often indicated in terms of geographical coordinates, an address, or a relative point in a digital context.

Update & Security Icon

An icon in the settings menu of an operating system that provides users with options for updating software and managing security settings.

Control Panel Window

An element within the operating system that enables users to adjust system configurations and manage both hardware and software functionalities.