Gapcom, the Clothier's Online Site, Focuses on Conducting Business with Individual

question 115

Multiple Choice

Gap.com, the clothier's online site, focuses on conducting business with individual customers.This represents a ____ model.

• A) B2B
• B) C2C
• C) Manufacturer
• D) Distributive
• E) B2C

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Definitions:

Random Variable

A quantity whose numerical values emerge from unpredictable phenomena.

Discrete Random Variable

A variable that takes on a finite or countably infinite number of values, each with a quantifiable probability.

Employees

Individuals who work for another person or organization in return for compensation.

Poisson Distribution

A statistical distribution describing the likelihood of a certain number of events taking place within a specific time or space interval, given that these events happen at a fixed average rate and are independent of the timing of the previous event.