Asked by Erika Frederick on May 16, 2024
Verified
The internet makes customers _________ powerful; this is a _________ pressure.
A) less; market
B) less; societal
C) more; market
D) more; societal
More Powerful
Describes something that has a greater level of strength, influence, or capability compared to others.
Market Pressure
The influence on a company or industry resulting from changes in market conditions, such as customer demand, competition, or regulatory environment.
- Acknowledge the ramifications of global integration and technological evolution on business practices.
- Outline the differences between societal, market, and technological pressures in a business scenario.
Verified Answer
BS
Bayleigh SnaricMay 20, 2024
Final Answer :
C
Explanation :
The internet empowers customers by providing them with more information and options, thus making them more powerful. This empowerment is a form of market pressure because it directly affects businesses and their competitive environment.
Learning Objectives
- Acknowledge the ramifications of global integration and technological evolution on business practices.
- Outline the differences between societal, market, and technological pressures in a business scenario.