Examlex
List and describe the five major B2C online service industries discussed in the book. How is your life currently impacted by these service industries? What role do you think they will play in the future?
Product Substitutes
Products that can replace each other in use or consumption, providing consumers with choices in the market.
Differentiated Product
A differentiated product is a good or service that has unique attributes or qualities distinguishing it from similar products offered by competitors.
Airline Industry
A sector comprising companies that provide air transport services for traveling passengers and freight.
Monopolistically Competitive
A market structure characterized by many firms selling products that are similar but slightly differentiated, leading to non-price competition.
Q1: You work for a food distributor. One
Q2: Mobile payments are made possible with _.<br>A)
Q21: _ is an advantage of the traditional
Q38: It is good business sense to purchase
Q47: _ are user-generated classifications that use tags
Q49: Which of the following is something you
Q63: Google Drive offers version control.
Q69: The "right to be forgotten" policy helps
Q72: If customers can communicate directly with the
Q92: The _ architecture contains a central data