Which of the Following Statements Is True of Explicit Switching

question 17

Multiple Choice

Which of the following statements is true of explicit switching costs?

• A)Explicit switching costs involve a penalty levied for terminating a deal or contract.
• B)Explicit switching costs are recurring in nature.
• C)Explicit switching costs are variable in nature.
• D)Explicit switching costs are concerned with the indirect costs in time and money.

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Definitions:

Shippers and Service Providers

Businesses involved in the transportation of goods (shippers) and those offering logistical services (service providers).

Drivers and Facilitators

Factors or agents that enable or support the progression and success of a process, change, or strategy.

Internal Issues

Problems or challenges within an organization that affect its operations, performance, or employee morale.