Some Observers Predict That the Internet Will So Radically Transform

question 24

Multiple Choice

Some observers predict that the Internet will so radically transform marketing channel structure and strategy that the __________ of the future will be profoundly different from what we see today.

• A) bandwidth
• B) interstate highway system
• C) distribution landscape
• D) cyberspace salespeople
• E) franchise system

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Definitions:

Specialized Resources

Resources uniquely suited or trained to perform specific tasks or functions within an economic system, enhancing efficiency and productivity.

Opportunity Cost

The financial loss associated with rejecting the subsequent optimal choice in any decision-making scenario.

Specialized Tools

Equipment or instruments designed for specific tasks or professions, enhancing efficiency and precision.

Landscaping Firm

A company that specializes in designing, implementing, and maintaining outdoor spaces, gardens, and other landscape features.