The Benefit of Customization in the Online Environment Is That

question 98

Multiple Choice

The benefit of customization in the online environment is that

• A) a highly interactive and individualized information and exchange environment is created for shoppers and buyers.
• B) it helps customers reduce their search costs and more conveniently find the offerings with the desired features.
• C) it protects online consumer privacy about the customized products and services they desire.
• D) it records users' visits to websites, which enhances online consumers' convenience in future visits by suggesting offerings that may be of interest to them when they access the site.
• E) it reduces costs and wasted coverage both for the buyer and seller.

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Definitions:

Sales

Sales refer to the revenue earned from selling goods or services over a period of time.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period.

Inventory

Inventory refers to the goods and materials that a business holds for the ultimate goal of resale or processing.

Cost Of Goods Sold

Financial obligations directly arising from the manufacturing of a company’s products, including material and labor costs.