Which of the Following Is True of New Entrants

question 75

Multiple Choice

Which of the following is true of new entrants?

• A)They have strong customer loyalty.
• B)They will have records on customers' purchase habits.
• C)They can capture the market with new and innovative services.
• D)They can lock in suppliers to gain a competitive advantage.

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Definitions:

Data Visualization

The practice of representing data in graphical or pictorial format to make information easily understandable.

Marketing Research

The process of gathering, analyzing, and interpreting information about a market, including products and services, target market, and customers for the purpose of improving business decisions.

Cloud Computing

The delivery of computing services—such as servers, storage, databases, networking, software—over the internet to offer faster innovation, flexible resources, and economies of scale.

Business Intelligence

The strategies and technologies used by enterprises for the data analysis of business information to support better business decision making.