All of the Following Were Parts of the Vision During

question 32

Multiple Choice

All of the following were parts of the vision during the early days of e-commerce except the belief that:

• A)new, "first-mover" middlemen, with expertise in e-commerce, would force traditional intermediaries out of business.
• B)Web consumers were rational and cost-driven.
• C)entry costs to the online retail market would be much less than those needed to establish a physical storefront.
• D)the cost of acquiring customers would be much lower.

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Definitions:

Reward Power

The extent to which a manager can use extrinsic and intrinsic rewards to control other people.

Coercive Power

The ability to control others through the fear of punishment or the promise of sanctions.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Resistance

Opposition or pushback encountered when an organization attempts to implement changes, often stemming from employees' fear, misunderstanding, or distrust.