Answer

Which of the following statements is true about the Internet

a. The Internet has shifted all shopping power to consumers

b. Consumer reviews on the Internet about various products tend to be equal in quality

c. Business-to-business auctions on the Internet are likely to be the dominant form in the future
d. Extranets are programs that search the Internet for the best price for a particular product


ANSWER: cBusiness-to-business auctions on the Internet are likely to be the dominant form in the future. The business-to-business auction world is shifting from haggling over prices to niggling over parameters of the deal.