In the Context of the Technological Environment of Business, Which

question 117

Multiple Choice

In the context of the technological environment of business, which of the following statements is true of online technology?

• A) It restricts leading-edge firms by allowing them to offer generalized products rather than customized ones.
• B) Alternative selling strategies give rise to a more individualized buying experience.
• C) Business-to-consumer selling comprises the vast majority of total e-commerce sales.
• D) It prohibits the provision of consultation services through websites or online portals.

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Definitions:

Recruitment

The process of attracting, screening, and selecting qualified candidates for a job within an organization.

Downsize

The process by which a company reduces its workforce to cut costs, often leading to restructuring of roles and operations.

Temporary Workers

Individuals employed in a work assignment that has a specified end date, often used by companies to fill short-term needs or seasonal positions.

Contract Workers

Individuals hired to perform specific tasks or projects for a certain period under a contract, rather than being permanent employees of a company.