Explain the following statement: "The Internet economy is being restrained by the old bricks-and-mortar rules, regulations, and habits."
What will be an ideal response?
Before answering this questions, students will need to understand that bricks-and-mortar refer to traditional distribution systems where the seller has a physical presence that is visited by the buyer. There are several examples in the text, which show how trade regulations (Germany not allowing Lands' End to mention its refund policy on its web site), cultural habits (Japanese do not use credit cards), and tariffs, quotas, and other legal restrictions prevent the Internet from becoming borderless commerce.
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A tariff-rate quota
a. tends to result in a revenue effect. b. displays either tariff-like or quota-like characteristics c. is a single-tier tariff. d. is applied for many years continuously.
Which of the following statements regarding the sourcing of dividend income is true?
A. Dividends are sourced based on the residence of the recipient. B. Dividends from a U.S. corporation are U.S.-source based on the percentage of U.S.-source income earned by the U.S. payor. C. Dividends from a U.S. corporation are U.S. source without regard to where the U.S. corporation generated the E & P. D. Dividends from a U.S. corporation are foreign-source based on the percentage of foreign-source income earned by the U.S. payor.
Part of the negotiation with the investment banker during the selection process has to do with how the investment banker will be compensated for taking the company public. One of these two standard compensation packages involves ________
A) a firm-commitment approach, in which the investment banker essentially buys the entire stock issue from the company at several prices B) a best efforts approach, in which the investment banker pledges to do his or her best to sell the shares and will take a small percentage of the sale of each stock C) a best efforts approach, in which the investment banker essentially buys the entire stock issue from the company at one price and then sells the issue at the auction for a higher price D) a firm-commitment approach, in which the investment banker pledges to do his or her best to sell the shares and will take a small percentage of the sale of each stock
Delany owes Carl a past-due undisputed debt of $500. Delany sees Carl in a bar and pays him $400. Carl then says to Delany, "Forget about the other $100 you owe me. I'm glad to get the $400." Carl's promise to discharge the remainder of the debt is binding
Indicate whether the statement is true or false