Why has the Internet made competitive rivalry more intense?
What will be an ideal response?
The Internet has made competitive rivalry more intense because Internet technology is based on universal standards that any company can use, making it easier for rivals to compete on price alone and for new competitors to enter the market. Because information is available to everyone, the Internet also raises the bargaining power of customers, who can quickly find the lowest-cost provider on the web, which may dampen profits. The Internet also widens the geographic market, increasing the number of competitors and reducing differences among competitors, and makes it more difficult to sustain operational advantages.
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The concern over behaviors, thoughts, and emotions relate to what?
a. Personal effectiveness b. Behaviors c. Actions d. Ineffectiveness
Oxtron, Inc, a U.S. company, and Leer, an Argentinean company, orally agreed to a contract under which Oxtron is to ship medical devices to Leer. The contract is governed by the CISG. Which statement is correct?
a. The contract is not enforceable because it is oral. b. Whether the contract is enforceable without a written agreement depends on the value of the medical devices. c. Whether the contract is enforceable without a written agreement depends on whether the medical devices are a necessity. d. The contract is enforceable without a written agreement.
Data stewardship is the management and oversight of an organization's data assets to help provide business users with high-quality data that is easily accessible in a consistent manner.
Answer the following statement true (T) or false (F)
What additional demands to strategy do international operations produce?
A) ?formal institutions and informal institutions B) ?cost reduction and local responsiveness C) ?liability of foreignness and investment risk D) ?explicit knowledge and tacit knowledge