Understanding How the "80-20" Rule Can Be Applied to the Disruptive

question 12

Multiple Choice

Understanding how the "80-20" rule can be applied to the disruptive force of the Internet allows a firm to do all of the following EXCEPT:

• A) "Sell less of more" to customers with heterogeneous tastes.
• B) Target the remaining 20 percent of potential sales.
• C) Leverage the Internet to reduce transaction costs.
• D) Charge 20 percent more for online purchases.

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Definitions:

Cultural Adaptation

The process by which individuals adjust to and integrate with a new cultural environment, involving learning and adopting the norms, values, and behaviors of the new culture.

Drinking Liquid

The act of consuming a fluid substance as part of hydration or during social occasions.

Public Transportation

A system of vehicular services including buses, trains, and subways, available to the public for commuting and traveling within and between urban areas.

Cultural Adaptation

The process of adjusting and acclimating to a new culture when living in it.