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How Have New Information and Communication Technologies, Including the Internet

question 79

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How have new information and communication technologies, including the Internet, affected the political economy in general?


Definitions:

Own Competition

A strategy where a company competes with its own products in the market to cater to different customer needs or market segments.

Licensee

An individual or entity that has been granted legal permission by a licensor to use, produce, or sell someone else's product, technology, or intellectual property.

Direct Ownership

A method of entering an international market in which a domestic firm actively manages a foreign company or overseas facilities.

Assembly Plant

A facility used for industrial production where pieces of products are put together to construct a finished good.

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