In Today's Age of Web 2.0

question 102

Multiple Choice

In today's age of Web 2.0: 

• A) companies find consumers primarily through mass exposure. 
• B) firms have replaced all pull strategies with push strategies. 
• C) consumers have much lesser access to information. 
• D) consumers can communicate with each other.

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Definitions:

Generating Profits

The process by which a business generates a financial gain, typically through the sale of goods or services more than the cost of production.

Performance-Improving Innovations

Performance-improving innovations refer to new or significantly improved products, services, processes, or methods that directly contribute to enhancing efficiency, productivity, or performance levels within an organization.

Enhanced User-Interfaces

Improvements and advancements in the design and functionality of user interfaces to make them more intuitive, accessible, and user-friendly.

Innovation

The process of creating new ideas, products, or methods, which bring improvements or solve problems in novel ways.