Square Provides a Means for Small Businesses to Process Credit

question 29

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

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Definitions:

Self-Fulfilling Prophecy

A phenomenon where an individual's expectations or predictions inadvertently lead to behaviors that cause the expectation to come true.

Investment Analysts

Professionals who evaluate financial data, economic trends, and investment opportunities to provide recommendations.

Expectations

beliefs about the future, especially about how someone or something is going to behave or perform.

Stereotyping

The act of assigning a set of characteristics to a group of people based on oversimplifications or assumptions, often leading to misrepresentation.