Multiple Choice
Which of the following is the most likely reason for the decline in fortunes of American newspapers, and their inability to exploit their competitive advantage?
A) A poorer standard for news-gathering.
B) Relying too heavily on advertising, rather than customer subscriptions, for revenue.
C) Decline in newspaper readership over the last 70 years.
D) Preference of customers for getting news in a nonverbal format.
E) An increase in salaries and material costs within the industry.
Correct Answer:
Verified
Correct Answer:
Verified
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