Which of the Following Is an Accurate Justification for the View

question 63

Multiple Choice

Which of the following is an accurate justification for the view that the Internet is the most important disruptive innovation of the twentieth century?

• A)The Internet rejigged existing business processes and streamlined them, giving many companies marginal advantages.
• B)Switching costs have increased after the advent of the Internet as a medium of trade.
• C)The Internet reduced entry barriers for newcomers and empowered buyers with more information.
• D)Competition became oligopolistic with only a few companies investing in technology.

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Definitions:

Conscious Experience

The total sum of thoughts, feelings, and awareness an individual has at any given moment, accessible to introspection.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.

Display Rules

Socially learned norms or regulations that dictate how, when, and to whom we express our emotions, varying widely across different cultures.

Perceptual Component

The aspect of cognition involved in interpreting and making sense of sensory information from the environment.