Venus Corp

question 71

Multiple Choice

Venus Corp.a high-technology, gadget-making company has introduced a gaming console with attractive features. Even though the console is priced modestly and has better features than the existing ones, it has failed as many customers are apprehensive about buying it.In order to create demand, Venus Corp.should:

• A)price the console extremely high.
• B)create its own set of technical standards.
• C)ensure that there are adequate complementary products.
• D)use minirnalistic and subtle advertising and marketing strategies.
• E)avoid licensing the format to other companies.

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Definitions:

Search Engine

A software system designed to carry out web searches, which means to search the World Wide Web in a systematic way for particular information specified in a textual web search query.

Machine Learning

A subset of artificial intelligence (AI) focusing on algorithms and statistical models that enable computers to perform tasks without explicit instructions by relying on patterns and inference.

Intelligent Systems

Intelligent systems refer to advanced computing systems that can learn, adapt, and perform tasks autonomously, often involving artificial intelligence technologies.

Mobile Text

Written communication sent or received through mobile devices, commonly known as text messages or SMS.