In the Marketspace,consumers Can Tell Marketers Exactly What Their Requirements

question 59

Multiple Choice

In the marketspace,consumers can tell marketers exactly what their requirements are,making possible the customization of a product or service to fit their exact needs.This means that marketers can use electronic commerce to enhance customer value by contributing to

• A)place utility.
• B)form utility.
• C)time utility.
• D)possession utility.
• E)product utility.

Differentiate between explicit and implicit propositions within an argument.

Understand the principles of disjunctive and hypothetical propositions.

Analyze compound propositions and their components.

Identify valid arrangements of propositions in distilling an argument.

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Definitions:

Operating Efficiency

A measure of how effectively a company uses its resources to generate profits.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as equipment, property, or industrial buildings.

Functional Depreciation

A decrease in the usefulness or value of an asset resulting from obsolescence, wear and tear, or age.

Fixed Asset

A long-term tangible piece of property that a firm owns and uses in its operations to generate income.