The Internet Is an Important Aspect of the Technological Environment

question 7

True/False

The Internet is an important aspect of the technological environment, but it isn't very useful for getting information about competitors.

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Definitions:

Competitive Advantage

A unique attribute or position that allows a company to outperform its competitors.

Customer's Tastes

Customer's tastes refer to the preferences, inclinations, and discretionary choices of consumers that influence their purchasing behavior and affect how businesses market and sell products or services.

Competitive Advantage

Competitive advantage is a condition or circumstance that puts a company in a favorable or superior business position compared to its competitors, often through unique resources, capabilities, or strategies.

Extra Services

Additional services provided beyond the basic offerings, often for an extra fee.