Several Analysts Propose That as a Result of the Internet

question 26

True/False

Several analysts propose that as a result of the internet, pursuing a strategy focused on quality differentiation will become the most viable option for companies seeking competitive advantage.
On the contrary, the internet is widely believed to force more and more companies into low-cost strategies, as consumers now have the means of quickly comparing prices between firms.

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Definitions:

Hotdog Toss

A promotional or entertainment activity commonly seen at sports events where hotdogs are thrown or launched into the audience.

Reasonable Care

The level of care that an ordinary, prudent person would use in similar circumstances to avoid causing harm to others.

Price v. High Pointe Oil Company, Inc.

A legal case that may address issues related to negligence, contract, or other legal matters in the context of a dispute between a customer and an oil company.

Bill of Rights

The first ten amendments to the United States Constitution, guaranteeing certain fundamental rights and freedoms to American citizens.