One of the Competitive Advantages of a B2B Service Provider

question 72

Multiple Choice

One of the competitive advantages of a B2B service provider is that it can spread the cost of an expensive software system over many users, achieving efficiencies referred to as:

• A)application efficiencies.
• B)network efficiencies.
• C)scale economies.
• D)network externalities.

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Definitions:

Partner

An individual or entity who shares ownership in a business venture and is liable for its operations and financial outcomes.

Written Agreement

A legally binding contract that has been documented in writing between two or more parties.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and proportions of ownership among partners in a partnership.

Risks

The potential for losing something of value, or the exposure to danger, harm, or loss.