Which of the Following Is True of New Entrants

question 72

Multiple Choice

Which of the following is true of new entrants?

• A)They will have records on customers' purchase habits.
• B)They have strong customer loyalty.
• C)They can lock in suppliers to gain a competitive advantage.
• D)They are yet to develop relationships with suppliers.

---

Definitions:

Favours

Acts of kindness beyond what is usual or expected, often performed voluntarily to help someone else.

In-house Expertise

The specialized knowledge or skills possessed by individuals or groups within an organization, as opposed to external or outsourced expertise.

Crowdsourcing

The method of gathering information, ideas, or content by requesting input from a wide audience, particularly from those in an online community.

Clearly Stated

Explicitly articulated or expressed in a manner that leaves little to no room for misunderstanding or ambiguity.