Although Large Investments in Technology Can Create Entry Barriers for Present

question 90

Short Answer

Although large investments in technology can create entry barriers for present or prospective players in an industry, the barriers can evaporate over time as competitors employ the new technologies. This is an example of IT becoming a competitive _______________.

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Definitions:

Secondary Boycott

A form of protest or collective action where individuals or groups refuse to do business with or buy products from a company that does business with another company engaged in objectionable practices.

Corporate Campaign

A strategic effort undertaken by a group, often a trade union, to pressure a company to change its policies or behavior through public, financial, or political means.

Picket Lines

A boundary established by workers on strike, particularly outside their place of employment, to protest against their employer's practices.

Arbitration

A method of dispute resolution where an impartial third party, the arbitrator, makes a decision that is usually binding on the parties.