Which of the Following Statements About the Emergence of a Networked

question 97

Multiple Choice

Which of the following statements about the emergence of a networked global marketspace is most accurate?

• A)Marketspace creates an unfair competitive environment for emerging nations.
• B)More business-to-consumer marketing is done on the Internet than business-to-business marketing.
• C)The most active participants in the networked global marketspace are companies in developing nations.
• D)All business in the networked global marketspace is conducted in English.
• E)The chief advantage of the global marketspace over the traditional bricks-and-mortar stores for customers is the ability to shop anywhere,at any time,and at a lower cost.

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Definitions:

Organizational Image

The public perception or the general impression that people have about a company, institution, or organization.

Scenario Planning

A strategic planning method that organizations use to envision different future scenarios and develop plans to effectively respond to potential challenges and opportunities.

Judgmental Forecasts

Predictions about future events or trends based on subjective judgments, insights, and opinions, rather than on quantitative data.

Internal Environment

Refers to factors within an organization that impact its operations and culture, including its employees, management, corporate culture, and internal processes.