The Principle "Communication Is Irreversible" Doesn't Apply to Communication Through

question 66

True/False

The principle "communication is irreversible" doesn't apply to communication through social media because we can physically delete our posts.

---

Definitions:

Firms

Business entities that engage in commercial, industrial, or professional activities, often distinguished by their legal structure and objectives.

Cutthroat Competitor

A business or firm that aggressively competes in the market, often through pricing strategies, innovation, or marketing, to capture a significant share from rivals.

Lower

To decrease in position, value, or amount.

Price

The amount of money required to purchase a good, service, or asset. It acts as a signal to both buyers and sellers in a market.