Which of the Below Is Not a Characteristic of Business

question 117

Multiple Choice

Which of the below is not a characteristic of Business 2.0?

• A)Encourages user participation
• B)Technical skills are required
• C)Eliminates entry barriers to publishing on the Web
• D)Provides an exciting and vibrant virtual environment

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Definitions:

Lead Times

The amount of time that passes from the initiation of a process to its completion.

Value-Added

The increase in worth of a product or service as a result of a particular process.

Lean Philosophy

A management approach focusing on minimizing waste and maximizing value in processes by considering customer value as the primary goal.

Necessary Buffer

A strategic reserve or margin of safety to mitigate risk or unforeseen circumstances, ensuring stability and continuity.