Studies of the Effects of Social "Connectedness" on Internet Purchases

question 30

Multiple Choice

Studies of the effects of social "connectedness" on Internet purchases indicate that the more "connected" an individual:

• A)the less purchasing that individual does.
• B)the less that individual is influenced by friends' purchases.
• C)the more that individual shares purchasing decisions with friends.
• D)the more purchasing that individual does.

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Definitions:

Adjusting Entry

An accounting entry made at the end of an accounting period to allocate income and expenditure to the correct period.

Sales

The activities involved in selling goods or services in return for money or other compensation, fundamental to a company's revenue.

Gift Card Expense

The cost recognized by a business when gift cards are redeemed, typically involving the goods or services provided in exchange for the card.

Redeemed

A term referring to the process of exchanging a financial instrument, such as a bond or coupon, for cash or its equivalent value.