Business Strategies Are Impacted by the Widespread Use of the Internet.Which

question 37

Multiple Choice

Business strategies are impacted by the widespread use of the Internet.Which of the following is true with respect to its impact?

• A)The Internet has eliminated all forms of substitution threats.
• B)The Internet has reduced barriers to market entry.
• C)The Internet has reduced the bargaining power of end-users.
• D)The Internet has reduced consumer awareness about the differences among competitors.

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Definitions:

Native-Born Counterparts

Individuals born in a specific country, in contrast to those who have immigrated, often used in discussions of employment, education, and social integration.

Language Barriers

Communication obstacles experienced by people who do not share a common language.

Newcomers

Individuals or groups who have recently arrived in a place and are adapting to a new environment or community.

Old Country

A term often used nostalgically to refer to one's country of origin, especially in the context of immigrants referring to their homeland.