Apple Has a Competitive Advantage Over Its Competitors When Its

question 43

Multiple Choice

Apple has a competitive advantage over its competitors when its customers have an iPod, iPhone, and a Mac computer because of which barrier to entry?

• A)Customer switching costs
• B)Capital requirements
• C)Unequal access to distribution channels
• D)Restrictive Government Policy

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Definitions:

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.

Genotype

The genetic makeup of an organism, consisting of both the visibly expressed characteristics and the non-expressed ones.

Chromosome

A long DNA molecule with part or all of the genetic material of an organism, structured into a thread-like shape.

DNA

Deoxyribonucleic Acid, the molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.