Which of the Following Statements Is Not True

question 23

Multiple Choice

Which of the following statements is not true?

• A) Price competition among online travel services is difficult as comparison shopping for better prices is easy.
• B) The online travel services sector is one of the few in which extensive disintermediation has occurred.
• C) The ability of travel products and services to be commoditized is a significant factor in the explosive growth of the online travel services industry.
• D) The online travel services industry has gone through a period of consolidation.

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Definitions:

Means of Production

The physical, non-human inputs like factories, machines, and raw materials used in the process of producing goods or services.

Class Exploitation

The manipulation or unfair use of a lower social class by a higher one, often for economic gain.

Parties

In Weber’s usage, are organizations that seek to impose their will on others.

Political Groups

Organizations or collectives that seek to influence public policy, political opinion, or government decisions based on specific ideological, economic, or social beliefs.