Which of the following is an accurate justification for the view that the Internet is the most important disruptive innovation of the twentieth century?
A) The Internet rejigged existing business processes and streamlined them, giving many companies marginal advantages.
B) Switching costs have increased after the advent of the Internet as a medium of trade.
C) The Internet reduced entry barriers for newcomers and empowered buyers with more information.
D) Competition became oligopolistic with only a few companies investing in technology.
C
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Zoning ordinances are established by:
a. the Federal Govt. b. state govts. c. city, town, and municipalities d. all of the above
Examining evidence of returns on common stocks and Treasury bills indicates that common stocks had
A) the higher rate of return and the greater risk. B) the lower rate of return and the greater risk. C) the lower rate of return and the less risk. D) the higher rate of return and the less risk.