Services Can Create Barriers to Entry By______

question 65

Multiple Choice

Services can create barriers to entry by______.

• A) using economies of scale
• B) creating switching costs
• C) using databases and information technology
• D) all of the above

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Definitions:

Adopted Children

Children who are legally taken and raised by parents not biologically related to them, following a legal process.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behavior, thoughts, and emotions.

Correlation

A measure that indicates the extent to which two variables fluctuate together.

Stepfather

A man who is married to one's mother after the divorce or death of one's biological father and acts as a father figure.