The Early Years of E-Commerce Are Considered

question 65

Multiple Choice

The early years of e-commerce are considered:

• A) the most promising time in history for the successful implementation of first mover advantages.
• B) an economist's dream come true, where for a brief time, consumers had access to all relevant market information and transaction costs plummeted.
• C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year.
• D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses.

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Definitions:

Business Mentoring

A professional relationship in which an experienced individual (mentor) provides guidance, knowledge, and advice to a less experienced person (mentee) in a business context.

Harold Kelley

An American social psychologist known for his contributions to attribution theory in social psychology.

Attribution Theory

A psychological theory that suggests how individuals explain the causes of behaviors and events, attributing them to either internal dispositions or external situations.

Winding-Up

The process of completing unfinished partnership business.