An Example of _____ Would Be the Travel Industry Where

question 52

Multiple Choice

An example of _____ would be the travel industry where the Internet connects customers directly to an airline to purchase tickets and travel agents no longer play an important role in the process.

• A)crowdsourcing
• B)differentiation
• C)disintermediation
• D)encryption

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Definitions:

Illusion Of Control

The tendency for people to overestimate their ability to control events, leading to unrealistic expectations about the impact of their actions.

Risky Behavior

Actions that expose individuals to harm or danger, often with a possibility of undesirable outcomes.

Conservative Behavior

A tendency to prefer traditional and established ways of doing things over new approaches.

Upward Counterfactual Thinking

The mental process of comparing current outcomes with more positive, alternative scenarios, often leading to feelings of dissatisfaction or motivation for improvement.