Which of the Following Statements Is True of an E-Marketplace

question 17

Multiple Choice

Which of the following statements is true of an e-marketplace?

• A) It faces time-constraint problems in international trade.
• B) It provides separate platforms for prices, availability, and stock levels.
• C) It reduces marketing costs more than traditional sales channels.
• D) It lacks the provision to communicate with individual sellers.

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Definitions:

Balance Sheet

A report detailing a business's assets, liabilities, and equity held by shareholders at a certain moment.

Revenue

The total amount of money received by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.

Expense Accounts

Accounts used to record transactions relating to expenses incurred by a business, such as costs for materials, utilities, and salaries.

Common Stock

Equity securities representing ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.