Rick and Jose Gain New Market Information Regarding a Potential

question 65

Multiple Choice

Rick and Jose gain new market information regarding a potential entrepreneurial opportunity.Despite the fact that both of them have gained access to this new information,only one of these individuals has access to additional information suggesting that other competitors are already moving to exploit this opportunity.What is this an example of?

• A)information asset
• B)information assurance
• C)social networking
• D)information asymmetry
• E)information reliability

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Definitions:

Supply-side Economics

An economic theory that suggests lower taxes and decreased regulation will stimulate the economy by increasing production.

Incentive

A factor, monetary or otherwise, that motivates individuals or entities to behave in a certain way.

Work

Physical or mental effort done in order to achieve a purpose or result, often related to employment or tasks.

Invest

The action of allocating resources, usually financial, into something with the expectation of generating income or profit.