To What Competitive Force Did the Printed Encyclopedia Industry Succumb

question 87

Multiple Choice

To what competitive force did the printed encyclopedia industry succumb?

• A)Positioning and rivalry among competitors
• B)Low cost of entry
• C)Substitute products or services
• D)Customer's bargaining power

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Definitions:

Communication Process

The sequence of steps through which information is transmitted and received between senders and receivers.

Receiver

In communication, the receiver is the person or entity who receives the message sent by another party or the sender.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often at the expense of other cultures or ethnicities.

Standards

Agreed-upon criteria or norms used to measure quality or establish expectations.