The options are:
A) reverse engineeringB) value chain extensionC) focused strategyD) niche market
Answer:
Value chain extension.
Explanation:
Value chain extension are the steps a company takes to extend the reach of their products to customers, and multiple relationships are built that impacts the bottom line.
In this instance eBay customers write a review after each purchase and the reviews are now used by buyers to evaluate the seller's.
EBay in turn gives special privileges. This is eBay creating an extended value chain in delivering it's products to customers.
Answer:
Here, Kevin is an entrepreneur.
Explanation:
- An entrepreneur is someone who has creative ideas that identifies the need of the society and uses the opportunity to earn profit.
- There is no specific age for entrepreneurs. Creativity, thirst for work, optimism are some characteristics of entrepreneurs.
- They are very curious, optimistic and opportunistic. They train their minds to find solution to problems in the surrounding.
- Here, Kevin used his own ideas and identified the need for business in graphic design and started a graphic design business evaluating its risks and benefits. SO, he is the entrepreneur.
Explanation:
<u>Loyalty has an important social function. Only by an individual's willingness, in cooperation with others, to invest intellectual and moral resources generously and wholeheartedly in something beyond a narrow personal circle has it been possible for communities of various kinds to emerge and continue to exist.</u>

The correct answer is: [C]: "coinsurance" .
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Answer:
The correct answer is letter "C": the coattail effect.
Explanation:
The coattail effect is a term mainly used in <em>Politics </em>that describes a situation in which a candidate running for an office and who is usually at the top of preference helps to attract voters for other candidates. In economics, the term might have a negative connotation. It implies businesses that belong to the same industry dragging each other to failure because of other factors rather than competition.