CEOs say e-commerce will reshape competition

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Nearly 80% of global CEOs believe electronic commerce will reshape competition in their industries, according to a Price Waterhouse survey. The study, released Feb. 9 at the 1998 World Economic Forum in Davos, Switzerland, showed 20% of those surveyed think electronic commerce will completely reshape how they do business, while 59% say it will lead to a significant change. Survey participants included 377 CEOs from among the world's largest 2,000 companies.

Copyright February 1998, Crain Communications Inc.

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