Mobile Visual Search (MVS)technology Is Emerging as an Alternative to QR

question 2

True/False

Mobile visual search (MVS)technology is emerging as an alternative to QR codes.

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Definitions:

Expand

To increase in size, number, or scope, such as a business growing its operations or a market increasing its reach.

Internal Economies

Cost-saving measures that arise from the expansion of a firm, affecting the production process internally.

External Economies

Benefits that a firm obtains due to the actions of others or external factors, leading to reduced costs.

External Economies of Scale

Cost advantages that a firm obtains due to the expansion of the industry in which it operates, but not due to its own expansion.