Homespar Is an E-Commerce Site That Sells Home Décor and Kitchenware

question 30

Multiple Choice

Homespar is an e-commerce site that sells home décor and kitchenware. It sources all its wooden articles, such as coasters, serving trays, and photo frames, from a rural carpentry firm because the firm charges much lower prices than other carpentry firms. The firm is also reliable in terms of quality and delivery time. In the context of the specific environment, which of the following concepts does this scenario best illustrate?

• A) Path dependence
• B) Supplier dependence
• C) Buyer dependence
• D) Internal dependence

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Definitions:

Miles Davis

An influential American jazz musician known for his significant contributions to the development of jazz music through various styles and eras.

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often resulting in the use of separate facilities and services.

Chief Justice

The highest-ranking judge in a supreme court, responsible for leading the judiciary and presiding over cases of the highest importance.

Brown versus Board of Education

A landmark 1954 United States Supreme Court case that declared state laws establishing separate public schools for black and white students to be unconstitutional, thereby overturning the "separate but equal" doctrine and significantly advancing the Civil Rights Movement.