"Knowledge increases exponentially" is a phrase with which we are all familiar. How does this concept apply to electronic business and the emergence of the digital firm? Support your contentions
What will be an ideal response?
Student answers will vary. A sample answer is: The exponential increases of knowledge refer to shared information. For example, once the concept of a wheel is established, inheritors of that knowledge do not have to "reinvent the wheel." The Internet is a tool similar to the wheel: it is based on shared standards and universal tools. The Internet and shared networking technologies are allowing new techniques for attracting customers and selling to customers to be developed and adapted very quickly. For example, although early Internet retailers had difficulty setting up secure credit card transactions and payment systems, today there are many systems in place as vendors step in to create shared tools for doing this. The Internet is fostering shared knowledge and, as such, propagating ever greater increases in that knowledge.
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Brand equity arises from unanimity in consumer response
Indicate whether the statement is true or false
Each individual possesses a ______ within which orders are acceptable without conscious questioning of their authority.
A. ambivalent zone B. lack of commitment C. zone of indifference D. job indifference
The waiting period is the time between:
A. filing the registration statement and the SEC's reviewing to determine the adequacy of the disclosure. B. hiring an underwriter and waiting to file the registration statement. C. after the initial public offering has been sold and before the listing. D. the initial filing of the registration statement and its effective date.
Which of the following is perhaps the most critical factor in effective startup teams?
A. Achievement B. Education C. Intelligence D. Communication E. None of these are correct.