When Competitive Intensity Is High and Switching Costs Are Low,a

question 17

True/False

When competitive intensity is high and switching costs are low,a company is vulnerable to consumers who will switch providers even when customers are satisfied.

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Definitions:

Hemispheric Dominance

A process in which one hemisphere becomes stronger and more adept than the other.

Synaptogenesis

The process by which neurons form synapses with other neurons, enabling the transmission of signals in the nervous system.

Myelination

The formation of a fatty sheath around the axons of neurons, which improves the speed and efficiency of electrical impulses in the nervous system.

Synaptic Pruning

The process by which extra neurons and synaptic connections are eliminated to increase the efficiency of neurotransmission in the brain.