Isolating Mechanisms Are

question 67

Multiple Choice

Isolating mechanisms are:

• A)Mechanisms that slow or stop the equalization of rents between firms
• B)Mechanisms that speed up the equalization of rents between firms
• C)Barriers that prevent potential entrants from grabbing a significant market share in the industry
• D)Mechanisms that limit or enhance the ex post equilibration of rents among individual firms, depending on their relative bargaining powers

---

Definitions:

Extranets

Networks that link business partners over the Internet by providing them access to certain areas of each other’s corporate intranets.

VPN

A Virtual Private Network (VPN) is a secure connection method over the internet that provides privacy and anonymity by masking IP addresses.

Internet Security

Measures and protocols to protect computers and networks from unauthorized access, attacks, or data theft when connected to the Internet.

SCM

Stands for Supply Chain Management, which is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.