LSUS MBA 701 EXAM 1 CERTIFICATION EVALUATION EXAMS COMPLETE QUESTIONS AND ANSWERS PRACTICE SOLUTION

LSUS MBA 701 EXAM 1 CERTIFICATION
EVALUATION EXAMS COMPLETE
QUESTIONS AND ANSWERS PRACTICE
SOLUTION

⩥ Moore's Law.
Answer: Concept stating that computing power doubles every two years


⩥ Long Tail.
Answer: Strategy offering a wide range of less-popular products for
profit


⩥ Scale Advantage.
Answer: Benefit gained from a large selection of products or services


⩥ Shift from Atoms to Bits.
Answer: Transition from physical to digital products and services


⩥ Brand Recognition.
Answer: Consumer awareness and identification of a brand


⩥ Switching Costs.

, Answer: Expenses incurred when changing from one product or service
to another


⩥ Long-Tail Marketing.
Answer: Strategy focusing on selling a vast array of niche products


⩥ Exclusive Content.
Answer: Material available only through a specific platform or service


⩥ Decision Fatigue.
Answer: Mental strain from making too many decisions


⩥ Disintermediation.
Answer: Elimination of intermediaries in the distribution channel


⩥ Supercomputing.
Answer: High-performance computing beyond conventional capabilities


⩥ Grid Computing.
Answer: Distributed computing using networked computers


⩥ Cluster Computing.