Which of the Following Statements About the Internet's Effect on the Competitive

question 14

Multiple Choice

Which of the following statements about the Internet's effect on the competitive forces that exist in a company's environment is true?

• A) The Internet increases barriers to entry.
• B) Overall, the Internet tends to decrease the bargaining power of suppliers.
• C) The Internet blurs differences among competitors.
• D) The Internet creates fewer substitution threats.
• E) All of these

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Definitions:

Public Transportation

Systems of shared transportation options, such as buses and trains, available for use by the general public.

Suburbs

Residential areas located on the outskirts of a city or large town, characterized by lower population density compared to urban areas.

Marketing Mix

A set of controllable, tactical marketing tools (Product, Price, Place, Promotion) that a company uses to produce a desired response from its target market.

4Ps

Stands for Product, Price, Place, and Promotion, which are the four key components that make up the marketing mix used by businesses to achieve their marketing objectives.