XBRL Provides ________ That Permits Data to Be Shared Across

question 81

Short Answer

XBRL provides ________ that permits data to be shared across different applications and IT platforms.

---

Definitions:

Product Differentiation

A marketing strategy that businesses use to distinguish their products from those of competitors, based on attributes like quality, design, or features.

Monopolistic Competition

A market structure characterized by many firms selling products that are substitutes but not perfect substitutes, leading to differentiated competition.

Excess Capacity

A situation where a firm is producing less than the maximum output due to insufficient demand.

Strategic Behavior

Self-interested economic actions that take into account the expected reactions of others.