Advances in Technology Have

question 30

Multiple Choice

Advances in technology have:

• A) complicated the distribution channel thereby making distribution a lengthy process.
• B) allowed firms to separate their activities by content and context.
• C) enabled firms to operate in a marketplace rather than a market space.
• D) made the procurement of raw materials an expensive process.

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Definitions:

Erikson

A psychologist known for his theory on the psychosocial development of human beings.

Death

The cessation of all biological functions that sustain a living organism, marking the end of life.

Prospect

The anticipation or expectation of future events or advancements.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding over the course of a lifespan.