All of the Following Are Advantages of Online Focus Groups

question 19

Multiple Choice

All of the following are advantages of online focus groups EXCEPT:

• A)lower costs.
• B)loss of nonverbal signals from the respondents.
• C)faster turnaround time.
• D)the ability of respondents to be separate geographically.
• E)travel savings.

---

Definitions:

Non-price Competition

A market strategy in which a company tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship instead of lowering prices.

Monopolistically Competitive Firm

A company that operates in a market with many competitors that sell products or services which are not perfect substitutes, allowing for some degree of market power.

Entrance

refers to the act or point of entering, which can be physical, such as entering a building, or metaphorical, such as entering a market.

Reducing Profits

Actions or factors that decrease the earnings or profitability of a business.