Command economies provide a more favorable environment for innovation and entrepreneurs than market economies
Indicate whether the statement is true or false.
FALSE
In a command economy, state-owned enterprises have little incentive to control costs and be efficient, because they cannot go out of business. Also, the abolition of private ownership means there is no incentive for individuals to look for better ways to serve consumer needs; hence, dynamism and innovation are absent from command economies.
Business
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Online focus group participants don't have the potential to be distracted by external stimuli
Indicate whether the statement is true or false
Business
A distributed database is a collection of databases that ________
A) serves different applications B) serves different users C) resides on separate physical devices D) has different entities
Business