The Reinvention period is characterized by___()
A. local economy
B. user-generated content
C. viral marketing
D. disintermediation
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Which of the following is an example of the affiliate revenue model()
A. QQ music
B. eBay
C. JD
D. Amazon
Which of the following is not a characteristic of a perfect competitive market()
A. Price, cost, and quality information are equally distributed
B. A nearly infinite set of suppliers compete against one another
Customers have access to all relevant information worldwide
D. It is highly regulated
All of the following can be considered a direct or indirect competitor of Amazon except()
A. eBay
B. Apple’s iTunes Store
C. Walmart
D. Priceline
All of the following may lead to a competitive advantage except()
A. less expensive suppliers
B. better employees
C. fewer products
D. superior products