All of the Following Were Parts of the Vision During

question 32

Multiple Choice

All of the following were parts of the vision during the early days of e-commerce except the belief that:

• A)new, "first-mover" middlemen, with expertise in e-commerce, would force traditional intermediaries out of business.
• B)Web consumers were rational and cost-driven.
• C)entry costs to the online retail market would be much less than those needed to establish a physical storefront.
• D)the cost of acquiring customers would be much lower.

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Definitions:

Arizona

is identified as a state located in the southwestern region of the United States, known for its desert landscape and significant natural features like the Grand Canyon.

Great Plains

A vast flat area of land in the central United States, known for its role in agriculture, history of settlement, and as the habitat of the American bison.

Cowboys

Cattle herders typically associated with the American West in the 19th century, known for their distinct culture, horseback riding skills, and influence on American folklore and cinema.

Great Plains

A vast high plateau of semi-arid grassland that extends across the central United States, known for its role in agriculture and as the homeland of many Native American tribes.