Decentralization organization? I think that is the answer.
Answer:
b. attempts to provide a product with greater customer value than the first mover.
Explanation:
In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.
A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.
This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.
Answer:
A. ERP
B. RFID
C. Barcodes
D. E-business
E. EDI
Explanation:
Here is the complete question :
Match the following functions with their descriptions.
(E-Business, EDI, Bar Codes, ERP, RFID)
A. It allows companies to organize and share information
B. It provides instantaneous tracking by containing identifying information
C. It provides complete visibility of product location
D. Provides access to global markets, suppliers and distribution channels
E. It enables exchange of documents in a standard format
Enterprise resource planning (ERP) is a software used to organise a business core processes
Electronic Data Interchange (EDI) is used to exchange business documents in a standardised format electronically
Types of EDI
- Direct EDI
- EDI via value added networks (VANs)
- Web EDI
- Mobile EDI
Advantages of EDI
- It increases business efficiency
- It reduces operating costs
Disadvantages of EDI
- Initial setup cost is usually quite high
Radio-frequency identification (RFID) is used to identify and track tags that are attached to items
Barcodes are used as a means of identification of a product. They can identify the country a product is manufactured.
Electronic business (E-business) has accelerated the rate of global integration. It has increased the access to global markets, suppliers and distribution channels.
Answer:
Oligopoly market structure
Explanation:
The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.
