Rick and Jose gain new market information regarding a potential entrepreneurial opportunity.Despite the fact that both of them have gained access to this new information,only one of these individuals has access to additional information suggesting that other competitors are already moving to exploit this opportunity.What is this an example of?
A)information asset
B)information assurance
C)social networking
D)information asymmetry
E)information reliability

Question

Quizplus · Accepted Answer

This scenario is an example of information asymmetry, where one party (in this case, one of the individuals) has more or better information than the other, affecting decision-making and potentially leading to an advantage in a competitive situation.

Rick and Jose Gain New Market Information Regarding a Potential