Which of the following statements about the Internet is true?
A) The Internet has reduced threats to most businesses.
B) The Internet drives down costs.
C) The Internet's only impact on business is indirect because it impacts customers.
D) The Internet has had a slowing effect on globalization.
E) The Internet slows decision making because so much extra information is available.

Question

Quizplus · Accepted Answer

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. It facilitates design of new products, from pharmaceuticals to financial services. Managers can watch and learn what other companies are doing on the other side of the world.

Which of the Following Statements About the Internet Is True