Steve Jobs and Apple Created a Big Advantage in the Technology

question 17

Multiple Choice

Steve Jobs and Apple created a big advantage in the technology industry with the introduction of the iPod,iPhone and iPad.What are these all examples of?

• A)Competitive advantage
• B)Competitive intelligence
• C)First-mover advantage
• D)All the answers are correct

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Definitions:

Service-sponsored Retail Systems

Retail setups that are initiated or heavily supported by service providers, often to create direct sales channels for their products or services.

Vertically Integrated

A business strategy where a company controls multiple stages of production or distribution within the same industry, from raw materials to final product delivery.

Executive Jet Market

A sector of the aviation industry that deals with the sale, lease, or use of private jets by corporations or individuals for business purposes.

Marketing Channel

The path through which goods and services travel from the producer or provider to the final consumer or industrial user.