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UESTION 31 Thomas Friedman\'s bestseller, The World Is Flat, explains how mass c

ID: 414832 • Letter: U

Question

UESTION 31 Thomas Friedman's bestseller, The World Is Flat, explains how mass customization has forever changed global True False UESTION 32 Friedman's bestseller, The World Is Flat, explains how technologic al changes have leveled the playing field in nations like India and China. True O False QUESTION 33 Which of the following is not a strategic dimension of the Intemet? movement toward information symmetry Oincreased emphasis on speed o potential for cost reductions and cost shifting O None of the above. QUESTION 34 Which of the following is not a strategic dimension of the Intemet? o focus on interac tivity O potential for cost reductions and cost shifting O movement toward information asymmetry None of the above QUESTION 35 Which of the following is not a strategic dimension of the Intemet? focus on interactivity guarantee of cost reductions movement toward information asymmetry None of the above

Explanation / Answer

Q31. False

Thomas Friedman's bestseller, The World is Flat, analyzes the effects of globalization and global integration. It is globalization, which has forever changed global business.

Q32. True

Technological and political forces have brought about the changes that have leveled the playing field in India and china. This has resulted in India and China intensely competing.

Q33. None of the above.

There are five strategic dimensions of internet - 1) focus on interactivity, 2) potential for cost reduction and cost shifting 3) speed 4) internet as distribution channel and 5) movement toward information symmetry

Q34. movement toward information asymmetry

Q35. guarantee of cost reductions; movement toward information asymmetry

The strategic dimensions are potential for cost reduction, rather than guarantee for cost reduction. The one of the other dimension is movement toward information symmetry, rather than asymmetry