Question

Buying and selling information, a product of the microchip, is a key element that ushers in...

Buying and selling information, a product of the microchip, is a key element that ushers in the post- industrial society.

True or False?

Science   Biology   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The given statement is a true statement. The microchip that is inserted in many products acts as a unique indentification number that tells us all about the product and this microchip insertion has truely guided the post industrial society and has alleviated the customers and sellers trust by encoding the microchip which tells us all about the product.

Hence the answer to this statement is: TRUE

If you have any query kindly comment before giving thumbs up. Thank you.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Product differentiation is a key element of the monopolist competition model. Provide some real-world examples of...
Product differentiation is a key element of the monopolist competition model. Provide some real-world examples of how firms differentiate their products. Do you think that consumer always benefit from product differentiation?
One key element that makes "Big Bang Disrtuptions" so difficult to manage for a business whose...
One key element that makes "Big Bang Disrtuptions" so difficult to manage for a business whose industry has been affected by such a thing is that the adoption curve becomes "shrunk," with only two prominent categories of buyers--innovators and early adopters (i.e., trial users and everyone else). A) True. B) False
From the buying division’s perspective, when a transferred item can be purchased from an outside supplier,...
From the buying division’s perspective, when a transferred item can be purchased from an outside supplier, the price charged by the outside supplier represents an upper bound on the charge that should be made on transfers between the selling and buying divisions. True or False? Quality of conformance refers to the extent to which a product offered by one company is similar to products offered by other companies. True or False?
Buying and selling organs might be illegal. Suppose that the government sets the organ price as...
Buying and selling organs might be illegal. Suppose that the government sets the organ price as zero. Using economic analysis, explain why this system can be problematic to our society!
Which of the following is/are correct about selling a covered call? I. It means buying a...
Which of the following is/are correct about selling a covered call? I. It means buying a share of a stock and selling a call on a stock. II. The payoff from selling a covered call is the same as that from selling a put on a 1 stock and buying a risk-free zero-coupon bond (i.e., lending some fund at the risk-free rate). A. I only B. II only C. both I and II D. None of the above E. Insufficient...
1. The primary purpose of the income statement is to provide key stakeholders information about Assets,...
1. The primary purpose of the income statement is to provide key stakeholders information about Assets, Liabilities, and Equity Cash Sources and Cash Uses Revenue, Expenses, and Profit or Loss All of these 2. An income statement is a report that shows how much revenue a company earned at a point in time or a specific date True False 3.While it means the same thing, the terms sales, revenue, net sales, or net revenue is used for the top line...
As we try to understand the Information Revolution that defines our post-industrial society, which of the...
As we try to understand the Information Revolution that defines our post-industrial society, which of the founding sociologists - Marx, Weber, or Durkheim, do you find most useful in making "sense" of this? Why? Make certain that you explain in detail
Do you think that the following statement is true or false? Buying a single company stock...
Do you think that the following statement is true or false? Buying a single company stock usually provides a safer return than a diversified stock portfolio. True. False. There is insufficient information to answer the question.
Soft selling occurs when a buyer is skeptical of the usefulness of a product and the...
Soft selling occurs when a buyer is skeptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose a sales representative is trying to sell a company a new accounting system that will, with certainty, reduce costs by 20%. However, the customer has heard this claim before and believes there is only a 30% chance of actually realizing that cost reduction and a 70% chance of realizing no...
For each of the three elements that go into promoting a product (advertising, personal selling, and...
For each of the three elements that go into promoting a product (advertising, personal selling, and publicity), describe one real-life example for each element.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT