1. We learn from Philip Evans in his Ted Talk How Data will Transform Business The development and advancement of the internet has reduced transaction costs and the result is less value and stability in vertically integrated business structures.

   True

   False

2. We learn from Philip Evans in his Ted Talk How Data will Transform Business that the origins of formal business strategy come firm the work of Bill Gates and Steve Jobs.

   True

   False

3. According to Marco Alver when people in an organization have a perception that they are being treated unfairly they will work harder at their jobs to prove that they are indeed being treated unfairly.

   True

   False