E-Commerce and an Internet Presence Are Important to Many Firms

question 3

Multiple Choice

E-commerce and an internet presence are important to many firms, requiring employees with specialized skills that are in short supply. The invisible hand solves the employment problem by:

• A)encouraging the government to set up training programs to provide workers with the necessary skills.
• B)giving workers an incentive to acquire the necessary skills on their own in order to receive higher wages.
• C)providing free internet access.
• D)discouraging firms from using of new technologies such as the internet.

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Definitions:

The Present

The current moment or period of time that is neither past nor future.

Psychoanalytic

The psychoanalytic approach is a theory and therapeutic method developed by Sigmund Freud that emphasizes unconscious processes and conflicts as the root of psychological distress and behavior.

Rational-emotive

A form of psychotherapy that identifies irrational beliefs and challenges them to help improve emotional well-being.

Rational-emotive Therapy

A form of therapy that emphasizes changing irrational beliefs to overcome emotional distress and behavioral issues.