A Conference Held in 2000 to Discuss the Impact of the Internet

question 25

Multiple Choice

A conference held in 2000 to discuss the impact of the Internet on various sectors of the U.S.economy concluded that it could increase productivity growth by

• A) significantly elevating the cost of producing and distributing goods and services
• B) decreasing management efficiency
• C) increasing consumer choice,convenience,and satisfaction
• D) decreasing competition

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Definitions:

Decision-Making Process

The steps and considerations involved in choosing a course of action among several alternatives.

Physical Abuse

The intentional use of physical force to cause harm or injury to another person.

Power Imbalance

A situation where there is an unequal distribution of power among individuals or groups, often leading to unfair treatment.

Arbitration

A method of resolving disputes in which an impartial third party delivers a conclusive judgment to settle a disagreement between parties.