Which of the Following Is Not an Element of Friction-Free

question 16

Multiple Choice

Which of the following is not an element of friction-free commerce?

• A) Information is equally distributed.
• B) Transaction costs are high.
• C) Prices can be dynamically adjusted to reflect actual demand.
• D) Unfair competitive advantages are eliminated.

Compare the benefits of using traditional vs. modern learning platforms in organizational training.

Understand the foundational theories in organizational communication and their application.

Recognize the relationship between job satisfaction and job performance.

Identify and differentiate between various organizational behaviors, including citizenship behavior.

---

Definitions:

Organizational Entity

Refers to any specific social unit in the context of a larger social system, including businesses, governments, and non-profits, that has a structured purpose and function.

Vertical Integration

A strategy where a company expands its operations into different stages of production or distribution within the same industry.

Increase Risk

Enhancing the likelihood of encountering negative outcomes or danger in a given situation.

Vertical Integration

A strategy where a firm expands its operations into different stages of production or distribution within the same industry.