Following the Boom and Bust of the First Wave of the Internet

question 27

Multiple Choice

Following the boom and bust of the first wave of the internet era, industrialized countries entered the ________.

• A) boom
• B) bust
• C) trough of disillusion
• D) plateau of profitability

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Definitions:

Threat of Entry

The risk existing businesses face when new competitors are able to enter the market or industry.

Existing Competitors

Companies that are currently operating in the same market and competing for the same customers.

Industry

A classification that refers to groups of companies that are related based on their primary business activities.

Bargaining Power

The relative ability of parties in a negotiation to exert influence over each other, often determining the terms and conditions of agreements.