Business Flashcards
1
Q
Porters 5 Forces
A
- Threat of Substitute Products
- Barriers to Entry
- Competition/Rivalry
- Bargaining Power of Customers
- Bargaining Power of Suppliers
2
Q
Churn Rate
A
The rate at which customers leave a product or service.
3
Q
Retargeting
A
Products you view on Amazon show up as advertisements when surfing the internet.
4
Q
The sharing economy
A
An economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet.
