Virtual worlds are online applications that let users interact with one another and create and use objects. Recently, virtual world applications have been introduced for business. One example of a real-life application in a virtual environment would be to simulate disasters such as hurricanes or floods.
Relating to the case, what other activities could businesses use virtual worlds for?

What will be an ideal response?


Training employees.
Simulating business processes.
Hosting events.

Business

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Discuss the three environments in which an international company operates.

What will be an ideal response?

Business

Since the 1980s, China's economic system has been transitioning from.

A. Communism to socialism B. Communism to capitalism C. Socialism to a socialist market economy D. Capitalism to socialism

Business

The "over-the-counter" market received its name years ago because brokerage firms would hold inventories of stocks and then sell them by literally passing them over the counter to the buyer.

Answer the following statement true (T) or false (F)

Business

Antitrust Laws. Great Western Directories, Inc (GW), is an independent publisher of tel-ephone directory Yellow Pages. GW buys information for its listings from Southwestern Bell Telephone Co (SBT). Southwestern Bell Corp owns SBT, as well as

Southwestern Bell Yellow Pages (SBYP), which publishes a directory in competition with GW. In June 1988, in some markets, SBT raised the price for its listing information, and SBYP lowered the price for advertising in its Yellow Pages. GW feared that these companies would do the same thing in other local markets, making it too expensive for GW to compete in those markets. Because of this fear, GW left one market and declined to compete in another. Consequently, SBYP had a monopoly in those markets. GW and another independent publisher filed a suit in a federal district court against Southwestern Bell Corp What antitrust law, if any, did Southwestern Bell Corp violate? Should the independent companies be entitled to damages?

Business