Which of the Following Statements Is True About the Internet

question 119

Multiple Choice

Which of the following statements is true about the Internet?

• A)It has reduced threats to most businesses.
• B)It drives down costs.
• C)It does not influence globalization.
• D)It slows down globalization.
• E)It slows down decision making.

---

Definitions:

Annual Profits

The net income a company generates in one fiscal year, derived from its revenue minus expenses, taxes, and costs.

Payoffs

The outcomes or returns from a particular action or decision, often used in the context of game theory and economic models.

Sherman Antitrust Act

Is a landmark federal statute in the United States that prohibits monopolistic business practices and promotes competition.

Cartel Agreements

An arrangement between competing firms to control prices or exclude entry of a new competitor in a market, often to maximize their own profits by limiting supply.