In Most Industries,new Entrants Will Not Be a Threat Because

question 74

True/False

In most industries,new entrants will not be a threat because the Internet lowers entry barriers.

---

Definitions:

Sapir-Whorf Hypothesis

A theory suggesting that the structure of a language influences its speakers' perception and categorization of the world, potentially affecting their thought processes and worldview.

Indigenous People

Ethnic groups who are the original inhabitants of a given region, having preserved traditional customs, cultural and legal distinctiveness from colonizing or dominating societies.

Sanctions

Penalties or coercive measures imposed by countries or institutions to enforce obedience or regulate behavior.

Norms Enforced

The process by which social norms or expectations are upheld and followed within a society or group.