Multiple Choice
Alpha Systems, a market leader in high-end video games, has designed its products such that it is difficult for the consumers to migrate to a rival. Which of the following is true about this scenario?
A) Alpha Systems will have low switching costs.
B) Alpha Systems has focused on creating customers who are "butterflies."
C) Alpha Systems has created customers who are "barnacles."
D) Alpha Systems is likely to reduce its staying power in this market.
E) Alpha Systems has focused on reducing "friction" for its end users.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: A firm can spend no money and
Q28: Nokia is a cell phone brand that
Q37: Startup firms that find new markets attractive
Q44: Which of the following terms is used
Q47: A firm is said to have suffered
Q63: The video game console market is a
Q64: Moving first plays a significant role in
Q65: Which of the following is an example
Q71: What are "network effects"? Briefly explain the
Q71: The rise of social media has made