Which of the following is a possible consequence of communication at a distance on industry structure?
A) It will lower the entry barriers for substitute products and services.
B) More and more routine work will go to the highest bidder.
C) Rivalry between companies will decrease as each will have a wider market.
D) Personal and professional life become blended because workers are always reachable.

Question

Quizplus · Accepted Answer

Communication at a distance can make it easier for substitute products and services to enter the market. For example, if communication tools allow for remote work, a digital platform that offers a similar service can emerge, potentially lowering entry barriers for competitors.

Which of the Following Is a Possible Consequence of Communication