Describe the Virtual Merchant Business Model and Its Unique Challenges

question 22

Essay

Describe the virtual merchant business model and its unique challenges in becoming financially viable.

---

Definitions:

Withdrawal Symptoms

Symptoms, either physical or mental, that appear upon decreasing or ceasing the consumption of a substance on which the body relies.

Physical Dependence

A physiological state in which the body adapts to the presence of a substance, leading to withdrawal symptoms if use is reduced or stopped.

Addiction

A chronic condition characterized by compulsive engagement in rewarding stimuli despite adverse consequences.

Substance

A form of matter with a constant chemical composition and characteristic properties.