FDI in the form of ________________: Increases the level of competition in a market Drives down prices Improves the welfare of consumers

Companies that engage in more exploration rather than exploitation may:

a. suffer the costs of experimentation without gaining any of its benefits. b. exhibit fewer underdeveloped ideas. c. gain distinctive marketplace competencies. d. lead to strengthening their skills in idea editing and refinement.

Which of the following statements is true of information technology (IT)?

A) Information technology includes hardware and software, but excludes telecommunications. B) Anything capable of collecting, processing, storing, or displaying electronic data is potentially part of an information system. C) Telecommunications and networks should not be confused as a part of IT. D) The Internet and the World Wide Web have hampered software creativity.