Computerization of the Business World Since the 1980s and the Development

question 8

Multiple Choice

Computerization of the business world since the 1980s and the development of the Internet in the 1990s

• A)created more perfectly competitive firms.
• B)brought businesses closer to a state of perfect knowledge.
• C)created perfect mobility among resources thus making all businesses closer to the state of perfect competition.
• D)has made products more identical.

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Definitions:

Hypnagogic Reverie

A state of consciousness between wakefulness and sleep, characterized by vivid, dreamlike imagery or thoughts.

Automatic Processing

The unconscious encoding of incidental information, such as space, time, and frequency, and of well-learned information.

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and others and to understand that others have beliefs, desires, and intentions that are different from one's own.

Private Experiences

Internal, subjective states that include thoughts, feelings, and perceptions, accessible only to the individual experiencing them.