Online Consumers Are Called Empowered Consumers Because

question 25

Multiple Choice

Online consumers are called empowered consumers because

• A)products and services purchased online often cost less than in a retail store.
• B)online shopping does not require that they fight traffic,find a parking space,walk long store aisles,and wait in line at checkout.
• C)they are more informed and discerning shoppers.
• D)there are websites for almost any product or service they want.
• E)they can engage in an electronic dialogue with marketers.

---

Definitions:

Cash Flow

A measure of the amount of cash generated and used by a company in a given period, vital for assessing the health and liquidity of a business.

Health Canada

The federal department responsible for helping Canadians maintain and improve their health, ensuring access to high-quality health services.

Expected NPV

The anticipated net present value, which estimates the difference between the present value of cash inflows and the present value of cash outflows over a certain period.

Competitive Product

A product or service that competes in the market by offering similar or better benefits or value than its counterparts.