Bots Contribute to the Convenience of Online Shopping Because They

question 189

Multiple Choice

Bots contribute to the convenience of online shopping because they

• A) reduce time spent online.
• B) allow customers to make online comparisons of prices and product features.
• C) permit customers to design one-of-a-kind items that fit their specific needs.
• D) allow customers to engage in an electronic dialog with marketers.
• E) offer customers almost any product or service they want.

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Definitions:

Value Creation

The process through which businesses or organizations generate increased worth for shareholders or stakeholders, often through strategic decision-making and operations.

Cash Payments

Cash payments are transactions that involve the transfer of actual cash from one party to another, usually as payment for goods, services, or obligations.

Selling

Selling involves the exchange of goods or services for money or value, constituting a fundamental activity in business to generate revenue.

Administrative Expenses

Costs related to the general operation and management of a business including office supplies, salaries of non-sales personnel, and rental fees.