Which of the Following Statements Best Describes the Internet Market

question 348

Multiple Choice

Which of the following statements best describes the Internet market structure?

• A)It is highly competitive, with many providers and no firms in a dominant position.
• B)There are a few large firms, such as Google, Facebook, and Amazon, but they each occupy their own niche and don't infringe on the others' territories.
• C)There are a few large firms, such as Google, Facebook, and Amazon, each dominating a particular sector but always trying to gain market share in another sector.
• D)It comprises firms that have been granted monopolies by the government and are highly regulated.

---

Definitions:

Plan's Implementation

The process of putting a planned strategy into action to achieve desired objectives and goals.

Necessary Support

The essential assistance or resources provided to individuals or organizations to facilitate the achievement of specific goals.

Negative Consequences

Unfavorable results or impacts that follow a specific action or decision.

Behavioural Decision Model

A theory that explains decision making by individuals based on psychological factors, including biases, perceptions, and other behavioral aspects.