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:

Sociologists

Social scientists who study the development, structure, and functioning of human society and the behavior of individuals within society.

Ethnic Ties

The connections and relationships among individuals or groups sharing common racial, national, tribal, religious, linguistic, or cultural origins.

Second Generation

Individuals who are the children of immigrants, typically born and raised in the host country of their parents.

Athleticism

The physical abilities and traits that contribute to proficiency in sports and physical activities, including strength, agility, and stamina.