Which one of the following statements is true about the effects of the Internet on how managers do their jobs? A) The importance of knowledge has declined

Management Dec 24, 2020

Which one of the following statements is true about the effects of the Internet on how managers do their jobs?

A) The importance of knowledge has declined.

B) The Internet has reduced the amount of competition in all markets.

C) It offers new ways of accomplishing tasks.

D) It has decreased the importance of entrepreneurs.

Expert Solution

C) It offers new ways of accomplishing tasks

The internet is not only a way of getting worldwide information in the sitting room. It entails various new ways of business or task accomplishment. For instance, if the firm wants to make a massive sale, it must not go to each doorstep. Any simple application could be created for getting orders, and final sales could be made through this criterion. Similarly, there are ranges of tasks which could have been done in various ways, proposed by the internet.

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