Square Provides a Means for Small Businesses to Process Credit

question 15

Multiple Choice

Square provides a means for small businesses to process credit and debit card sales without signing up for a traditional credit card arrangement of monthly fees and minimum charges. It used which new entry strategy to enter the market initially?

• A)pioneering
• B)imitative
• C)adaptive
• D)differentiated

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Definitions:

Expected Return

The average of all the possible returns from an investment, weighted by their likelihood.

Expected Return

The average of all possible returns from an investment, weighted by the likelihood of each outcome.

Expected Expense

The anticipated or forecasted cost for specific goods, services, or activities, often used for budgeting and financial planning purposes.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.