One of the Key Challenges for Retailers When Embracing Mobile

question 5

Multiple Choice

One of the key challenges for retailers when embracing mobile technology is:

• A)privacy and security.
• B)offering a dedicated, branded app.
• C)allowing for mobile checkouts.
• D)the introduction of wearables.

---

Definitions:

Equilibrium Price

The market price where the amount of goods sellers are willing to sell equals the amount of goods buyers are willing to buy, creating a state of balance in the market.

Shakespeare in the Park

An outdoor festival or event where plays written by William Shakespeare are performed, typically in public parks.

Price Ceiling

A regulatory limit on the price that can be charged for a particular good or service, intended to keep it affordable.

Ration Coupons

Physical or digital vouchers issued by governments or organizations to allow individuals to purchase a limited amount of scarce commodities, historically used during times of war or shortages.