One of the Most Dramatic Changes Created by E-Tailing Is

question 34

Multiple Choice

One of the most dramatic changes created by e-tailing is a shift in power between retailers and consumers.This shift in power is derived from:

• A) the ability of consumers to purchase from retailers in other countries as a result of the Internet.
• B) the inability of Internet retailers to compete with more traditional bricks-and-mortar retailers.
• C) the loss of control of pricing information by retailers due to the information dissemination capabilities of the Internet.
• D) the lack of competition in e-tailing.
• E) the decreased power of consumers when transacting and negotiating with retailers.

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Definitions:

Survey Method

A research technique that involves the collection of data from a predefined group of respondents, typically used to gather opinions, attitudes, or behaviors.

Grading System

An evaluation method used in educational settings to measure and communicate students' academic performance through assigned grades, often ranging from letters A through F or numerical scales.

Problem-Solving Ability

The capacity to identify solutions to complex or simple issues or to engage in a process to resolve unknowns.

Representative Sample

A sample that mirrors the population of interest; it includes important subgroups in the same proportions as they are found in that population.