Many Internet Entrepreneurs Have Learned That It Is Difficult to Beat

question 20

Multiple Choice

Many Internet entrepreneurs have learned that it is difficult to beat the forces of perfect competition.In perfect competition,there are many small stores with largely commodity products and low entry barriers.Which industry has got caught up in the Internet bubble and has tried to join with online models,most of whom closed after a couple of years?

• A) Pet supply stores
• B) Book sellers
• C) Wine stores
• D) Express mail industry

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Definitions:

Social Acceptance

Social acceptance involves being received positively and recognized as part of a group or society, emphasizing the importance of belonging and approval in social interactions and relationships.

Ostracism

The deliberate exclusion from a group or society, often used as a form of social punishment.

Self-esteem

Refers to the overall sense of personal value or self-worth.

Relatedness-belonging Needs

The human psychological need to feel a sense of belonging and connectedness with others.