Hi Design Is a Company That Allows Customers to Have

question 73

Multiple Choice

Hi Design is a company that allows customers to have a unique experience in that they can open a virtual "shop" that includes an online storefront.This virtual shop also offers other facilities such as website hosting, order management, fulfillment, payment processing, and customer service.The products uploaded by customers can be bought by people visiting the website.This "shop" is an example of:

• A)C2C marketing.
• B)C2B marketing.
• C)B2B marketing.
• D)B2C marketing.
• E)D2R marketing.

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Definitions:

Insurance Policy

A contract between an individual or entity and an insurance company, specifying the terms for the payment of claims in the event of a covered loss.

Expected Wealth

The predicted amount of money or assets that an individual or entity anticipates owning over a given period.

Property Loss

Financial loss incurred due to damage, destruction, or theft of property.

Adverse Selection

A situation in which sellers have information that buyers do not have, or vice versa, affecting the quality of goods or services offered.