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Question
_____ software is developed by a community of programmers who make the software available for download at no cost.Answer
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Economists use a formal definition of market that includes two conditions: first, the potential sellers of a good come into contact with potential buyers, and second, that a medium of exchange is available.
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a. True
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A commodity item is a product or service that is hard to distinguish from the same product or service provided by other sellers.
a. True
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Value-added networks are leased telephone lines that establish direct network connections to all trading partners of an organization.
a. True
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A transaction is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.
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Companies that have existing sales outlets and distribution networks often worry that their Web sites will take away sales from those outlets and networks.
a. True
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a. True
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a. True
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a. True
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What are the business objectives of creating an effective online presence?
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