As Noted in ChapterCase 7,Microsoft Destroyed About Half the Value

question 100

True/False

As noted in ChapterCase 7,Microsoft destroyed about half the value created by Encyclopedia Britannica by introducing the Encarta CD in 1993.In turn,the online Wikipedia destroyed Encarta's business,which was shut down in 2009.This is an example of how discontinuities can impact the sustainability of a firm.

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Definitions:

Fiduciary Duties

Refers to the obligations of loyalty and care that fiduciaries owe to their clients or beneficiaries, ensuring their best interests are prioritized.

Ethical Audit

A systematic evaluation of an organization's ethical policies, practices, and culture to assess compliance with ethical standards and identify areas for improvement.

Trust and Confidence

The belief in the reliability, truth, and ability of someone or something, leading to a sense of security and assurance.