Which of the following is not true about on-demand service firms? ...

[rlane42]

Which of the following is not true about on-demand service firms?
 
  A) The growth of on-demand service firms is supported by the use of online reputation systems based on peer review.
  B) It is not likely that on-demand service firms will totally escape government regulation.
  C) On-demand service firms facilitate access to resources.
  D) On-demand service firms are a totally new phenomenon without precedent in the history of e-commerce.

Question 2

Explain why online career services are so well suited to the Web.
 
  What will be an ideal response?

[amit]

Answer to Question 1

D

Answer to Question 2

Next to travel services, job-hunting services have been one of the Internet's most successful online services because they save money for both job hunters and employers. Job resumes can be posted for free, many other career-related services can be easily accessed, and for a fee, job hunters can access lists of job openings that have been posted by companies.

Online recruiting provides a more efficient and cost-effective means of linking employers and job hunters and reduces the total time-to-hire. Job hunters can easily build, update, and distribute their resumes, conduct job searches, and gather information on employers at their convenience and leisure. They can also take skills assessment tests, fill out personality assessment questionnaires, and access such services as personalized account management for job hunters, job search tools, employer blocking tools, organizational culture assessments, and e-mail notifications when an appropriate job is newly listed on the site.

Career recruitment is an information-intense business process that the Internet can automate, thus reducing search time and costs for all parties. In addition to matching job applicants with available positions, online sites also serve the larger function of automating this information-intense business process.