"Clicks and Bricks" Refers to

question 15

Multiple Choice

"Clicks and bricks" refers to

• A)businesses that focus on Internet technology as well as Internet distribution.
• B)retailers that utilize the Internet only as a support mechanism for traditional sales.
• C)businesses that emphasize both Internet-mediated and traditional forms of business.
• D)None of the above.

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Definitions:

Negative Externality

An economic situation where a third party suffers costs or disadvantages as a result of a transaction between others, often related to pollution or environmental impact.

Negative Externalities

Costs suffered by a third party due to an economic transaction that they were not involved in, such as pollution from a factory affecting nearby residents.

Positive Externalities

Benefits that occur to a third party not directly involved in an economic transaction, leading to underproduction if not addressed.

Patent Policy

Guidelines and laws governing the protection of inventions and innovations, ensuring inventors have exclusive rights to their creations for a predetermined period.