Which of the following is not an element of friction-free commerce?
A) Information is equally distributed.
B) Transaction costs are high.
C) Prices can be dynamically adjusted to reflect actual demand.
D) Unfair competitive advantages are eliminated.
B
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Identify the elements of balance theory. Discuss possible interaction effects between unit relation and sentiment relation and how they can be applied to a marketing strategy
What will be an ideal response?
Ted was hiring a new financial analyst, and he had several good candidates. He was leaning toward hiring Akiko, a Japanese American woman, because he thinks Asians are better at math. Ted is exhibiting which distortion in perception?
A. racism B. recency effect C. stereotyping D. Pygmalion effect E. self-serving bias
Catherine wanted to purchase a digital camera. Hence, she visited an online retailer's website to learn more about the different features and capabilities of the device. Catherine went to a big-box store to make other purchases. She sees the camera there and purchases it. Which of the following terms describes Catherine's actions?
A. Channel migration B. Phishing C. Channel expansion D. Automated retailing E. E-tailing
In effective global capacity management, the time horizon for monitoring and response is ______.
A. short to intermediate term (0–1 year) B. intermediate to long term (1–4 or more years) C. short to intermediate term (3–4 weeks) D. intermediate to long term (15–20 or more years)