To Reduce Customers from Abandoning Shopping Carts on E-Commerce Sites

question 207

Multiple Choice

To reduce customers from abandoning shopping carts on e-commerce sites, companies can use each of the following strategies except:

• A)avoid the use of multiple cyberbaits to encourage sales.
• B)make checkout easy without requiring a user name or password.
• C)make it easy for customers to enter discount codes.
• D)provide a safe and trustworthy checkout procedure.

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Definitions:

Completed Contract Method

A financial accounting approach where revenue and expenses of a contract are recorded only when the contract is fully completed.

Long-Term Construction

Projects or contracts that span over a long period, typically larger in scope and complexity which may impact financial reporting due to their duration.

Critical Event

An occurrence that significantly alters the current course of a business or project, potentially impacting financial outcomes or operational capabilities.

Measurability Criteria

Guidelines to determine whether an item can be quantified in monetary terms and thus be included in the financial statements.