Online Brokerage Firms Operate in a Highly Combative and Ambitious

question 37

Multiple Choice

Online brokerage firms operate in a highly combative and ambitious environment,so they use information technologies to make their services more unique in order to combat _____.

• A)supplier power
• B)buyer power
• C)rivalry among existing competitors
• D)the threat of new entrants

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Definitions:

New Southern Class

Refers to a social or economic stratum that emerged in the American South, often in the context of post-Civil War social restructuring and economic development.

Railroads

Transportation systems using trains running on tracks, crucial for the movement of goods and people, and integral to the development of industries and settlements.

Ex-Slaves

Individuals who were formerly enslaved but have gained freedom, often through abolition or emancipation movements.