Case-Based Critical Thinking Question

question 47

Multiple Choice

Case-Based Critical Thinking Question
Scott is the website administrator for a large pet food manufacturer. It plans to sell its products online and wants to test its retail website.
Scott hires an intern to help with the project, and realizes that the new intern has uploaded all of the testing pages to the final upload location on the web server.  Scott tells the intern the following: ____.

• A) "Good job. That is exactly where they go."
• B) "That is not a good location because all the pages are now available to the public."
• C) "That is not a good location because 'testing' pages should never be put on a server."
• D) "The pages will not appear on the server because the pages should have been downloaded, not uploaded."

Understand the concept and operational model of full-service and limited-service wholesalers.

Recognize the benefits and challenges of multichannel retailing for customer engagement and sales.

Understand the application of the product life cycle concept to the dynamics of the retail industry.

Understand the responsibilities and ethical considerations of a technician when installing new hardware.

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Definitions:

Sunk Cost

Expenditure that has been made and cannot be recovered.

Opportunity Cost

The value of the next best alternative forgone as a result of making a decision.

Investment Strategy

A plan for allocating assets in a way that aims to achieve a specific financial goal within a particular time frame.

IBM Stock

Refers to the equity shares of International Business Machines Corporation, traded publicly on stock exchanges.