Frequent Flier Miles Would Be an Example of Which Barrier

question 74

Multiple Choice

Frequent flier miles would be an example of which barrier to entry  

• A) Building customer loyalties
• B) Securing access to supply of key resources
• C) Creating product uniqueness
• D) Building in switching costs

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Definitions:

Risk-Free Profits

Profits made from an investment that is considered to have no risk of financial loss.

Swap Market

The swap market is a financial market where parties exchange streams of cash flows or other financial instruments for a set period, often to manage risk or obtain better loan terms.

Fed Funds Rate

The rate at which banks and other financial institutions borrow and lend their Federal Reserve deposits to one another on an overnight basis.

LIBOR

The London Interbank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another.