The Internet Increases the Bargaining Power of Customers By

question 87

Multiple Choice

The Internet increases the bargaining power of customers by:

• A)creating new opportunities for building loyal customer bases.
• B)making more products available.
• C)making information available to everyone.
• D)lowering transaction costs.
• E)enabling the development of new services.

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Definitions:

Irish Potato Famine

A period of mass starvation, disease, and emigration in Ireland between 1845 and 1849 caused by potato blight.

Emigrants

Individuals who leave their country of origin to live permanently in another country, often in search of better living conditions, job opportunities, or to join family.

Refugees

Individuals who are forced to leave their country in order to escape war, persecution, or natural disaster.

Blessing From God

A favor or gift bestowed by God, resulting in happiness, wellbeing, or a condition of being protected or sanctified.