With the Emergence of Smartphones, Users No Longer Have to Carry

question 125

Multiple Choice

With the emergence of smartphones, users no longer have to carry a separate music player, a video game, a laptop, or a magazine to keep themselves entertained when traveling.A smartphone is loaded with a variety of applications to satisfy all the customer needs that different industries or products individually satisfied earlier.As a result, the smartphone industry has been posing a threat to a lot of other unrelated industries.What is this phenomenon best known as?

• A) Industry convergence
• B) Backward integration
• C) Product differentiation
• D) Customer myopia

---

Definitions:

Progressive Discipline

A process for dealing with job-related behavior that does not meet expected and communicated performance standards, starting with a mild action and moving to stronger actions if necessary.

No-layoff Policies

Company strategies or commitments to avoid terminating employees' jobs, aiming to provide job security during economic downturns or organizational changes.

HR Practices

Strategies, policies, and practices implemented by the Human Resources department to manage and support the workforce effectively.

Consent

The act of agreeing or giving permission for something, often implying a legal or formal acknowledgement of certain conditions or procedures.