Pandora Entered the Radio Business in 2000 Using the Music

question 28

Multiple Choice

Pandora entered the radio business in 2000 using the Music Genome Project system that analyzes music for its underlying traits as a means to distinguish itself.It was using ______________ entry strategy.

• A) a pioneering
• B) an imitative
• C) an adaptive
• D) a creative

---

Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in calculating cost of goods sold or inventory valuation.

Sales Proportion

The ratio or percentage of a product's sales in relation to total sales of all products, indicating its market performance.

Cost-Volume-Profit Graph

A visual representation that shows how changes in cost and volume affect a company's profit.

Step-Wise Costs

Costs that remain fixed over a range of activity but will increase in a step-like manner when a certain threshold is reached.