Examlex

Solved

Marketing to Consumers Via the Internet Has Many Advantages for Marketers

question 327

Multiple Choice

Marketing to consumers via the Internet has many advantages for marketers. It allows products and services to be offered 24 hours a day, 7 days a week. It allows products to be offered globally in an efficient manner. And it is cost efficient, saving the need for stores, paper catalogues, and sales people. J. Paul Peter and Jerry C. Olson, Consumer Behavior and Marketing Strategy


Definitions:

Nash Equilibrium

A concept in game theory where each player, knowing the strategies of the other players, has no incentive to change their own strategy.

AMD

Advanced Micro Devices, Inc., an American multinational semiconductor company known for its CPUs and GPUs for computers.

Intel

An American multinational corporation and technology company known for its semiconductor chips.

Time-Discounted Profits

The present value of future profits, accounting for the time value of money and diminishing returns over time.

Related Questions