E-Mail and Instant Messaging Have Had What Effect on the Corporate

question 1

Multiple Choice

E-mail and instant messaging have had what effect on the corporate grapevine?

• A)These communication media have made it more difficult for the grapevine to operate without the assistance of management.
• B)These communication media have dramatically changed the topics of interest communicated through the corporate grapevine.
• C)These communication media have increased the efficiency of grapevine communication around the company's global operations,not just around the next cubicle.
• D)These communication media have had all of the given effects.
• E)These communication media have had no effect on the corporate grapevinE.

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Definitions:

Efficient Scale

The level of production at which a firm achieves the lowest average total cost, with economies of scale fully exploited.

Business-Stealing Externality

Negative impacts on existing firms due to entry of new competitors, which can steal customers and reduce profits.

New Firms

Companies that have recently entered the market, bringing innovation, competition, and potentially disrupting established market dynamics.

Existing Firms

Companies or businesses that are currently operational and active within a market or industry.