chp7 - 1. Which of the following is not one of the ways...

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1. Which of the following is not one of the ways that growing use of the Internet is reshaping the economic and business landscape? A) Growing feasibility on the part of companies everywhere to compete in global markets B) Rising entry barriers into the e-commerce world C) Intensified rivalry among competing sellers D) Increased bargaining power on the part of buyers E) Growing feasibility to buy from and work cooperatively with suppliers in most any part of the world 2. Which of the following is not one of the ways that growing use of the Internet is reshaping the economic and business landscape? A) Faster diffusion of new technology and new ideas across the world B) Increased opportunity for reconfiguring company and industry value chains C) Intensified rivalry among competing sellers and a mounting requirement to operate at Internet speed D) Weaker bargaining power on the part of buyers E) Creating a short supply of intellectual capital¾the e-commerce resource in shortest supply is human talent, especially as concerns dot-com technical expertise and dot-com managerial know-how 3. Which one of the following is not a factor that accounts for why the Internet shifts bargaining power away from sellers and toward buyers? A) A multinational company's geographically scattered units can use online communications to pool their purchase orders with the same suppliers and bargain for volume discounts B) Buyers of all types (manufacturers, wholesalers, retailers, and individuals) can readily join a buying group to pool their purchasing and approach vendors for better terms than could be gotten individually C) Use of the Internet gives buyers unprecedented ability to compare the prices, products, and shipping times of rival vendors and find the best value D) Most online sellers allow buyers to put up bids for what they are willing to pay for the items they are offering for sale and stand ready to negotiate on price E) The Internet eliminates the geographic protection of distance that has traditionally given small-town businesses the advantage of being the only
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chp7 - 1. Which of the following is not one of the ways...

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