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.

---

Definitions:

Precipitation

Any form of water, liquid or solid (rain, sleet, snow, or hail), that falls from the atmosphere and reaches the ground.

Acre-Foot

An acre-foot is a unit of volume commonly used in the United States to measure large-scale water resources, such as in reservoirs and lakes, equating to the volume of water needed to cover one acre of land to a depth of one foot.

Football Field

A playing surface, typically measuring 100 yards (91.44 meters) long and 53.3 yards (48.77 meters) wide, used for American football games.

Gallons

A unit of fluid volume measurement used in the US and the British imperial system, equal to 3.785 liters in the US.