When Microsoft Introduced Encarta, It Caused the Sale of Hard

question 69

Multiple Choice

When Microsoft introduced Encarta, it caused the sale of hard copy encyclopedias sold by Encyclopedia Britannica to drop sharply. This is an example of which of Porter's five forces?

• A) Rivalry among existing competitors
• B) Threat of potential entrants
• C) Suppliers
• D) Buyers
• E) Substitutes

---

Definitions:

John Rawls

An American political philosopher in the liberal tradition, best known for his theory of justice as fairness, which emphasizes a form of social contract as a way to determine the principles of justice.

Social Reform

The process of effecting changes in societal structures, policies, and practices with the aim of achieving improvements in social justice, equality, and the well-being of communities.

Abstract Art

A form of art that does not attempt to represent external reality, but seeks to achieve its effect using shapes, colors, forms, and gestural marks.

Ortega y Gasset

José Ortega y Gasset, a Spanish philosopher and essayist known for his contributions to existentialism and his work "The Revolt of the Masses."