In the Context of GPS-Enabled Location-Based Services,the Ability to Give

question 49

Multiple Choice

In the context of GPS-enabled location-based services,the ability to give route directions from one point to another is an example of ________ service.

• A) mapping
• B) disintegration
• C) navigation
• D) reintegration
• E) tracking

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Definitions:

Insulated

Protected from external influences or impacts, often used in the context of economies or markets that are shielded from global fluctuations.

Mutual Interdependence

A situation in oligopolistic markets where the actions of one firm affect the actions of other firms, leading to strategic planning and decision-making.

Price Policy

A strategy adopted by a company or government to set the sale price of goods or services, often to regulate market behavior or achieve economic objectives.

Market Power

The ability of a company or group to manipulate or control prices and output in a market.