Which of the following statements is true about the Internet?
A) It has reduced threats to most businesses.
B) It drives down costs.
C) It does not influence globalization.
D) It slows down globalization.
E) It slows down decision making.
B) It drives down costs.
Explanation: The Internet is important to business because it is a marketplace, a means for manufacturing goods and services, a distribution channel, an information service, and more. It drives down costs and speeds up globalization. It improves efficiency of decision making. Managers can watch and learn what other companies are doing on the other side of the world.
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A. a retention bonus. B. stock options. C. a differential piece rate. D. a commission. E. merit pay.
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
Colorific recently began competing with Crayola coloring products. At the beginning of the school year, the _____ for Colorific products consists of back-to-school shoppers.
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