Which of the following statements is true about the Internet?
a. The Internet has shifted all shopping power to consumers
b. Consumer reviews on the Internet about various products tend to be equal in quality
c. Business-to-business auctions on the Internet are likely to be the dominant form in the future
d. Extranets are programs that search the Internet for the best price for a particular product
ANSWER: c
Business-to-business auctions on the Internet are likely to be the dominant form in the future. The business-to-business auction world is shifting from haggling over prices to niggling over parameters of the deal.
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Which is not a factor associated with determining the location of a facility?
a. Proximity to suppliers b. Proximity to customers c. Quality of life issues d. All the above are facility location factors
Scope constraint refers to the amount of time available to complete a project
Indicate whether the statement is true or false