All of the Following Are Challenges for Catalog Merchants Except

question 70

Multiple Choice

All of the following are challenges for catalog merchants except:

• A)high costs of printing and mailing.
• B)building a credible Web site.
• C)the need to bring staff in or manage new technology.
• D)building sophisticated order entry and fulfillment systems.

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Definitions:

External Costs

Costs of a transaction or activity that affect parties who are not directly involved in it, such as pollution affecting the wider community.

Law of Demand

The principle that, all else being equal, an increase in the price of a good will decrease the quantity demanded, and a decrease in price will increase the quantity demanded.

Income Taxes

Taxes levied by governments on individual or corporate income.

Car Rental

A service that allows customers to borrow a vehicle for a certain period of time in exchange for a fee.