All of the Following Statements About the Online Real Estate

question 62

Multiple Choice

All of the following statements about the online real estate services market are true except:

• A)most people use the Internet to search for a home,but still use the services of a real estate agent to complete the purchase.
• B)real estate differs from other types of online financial services because it is impossible to complete a property transaction online.
• C)the primary service offered by real estate sites is a listing of houses available.
• D)the Internet and e-commerce have created significant disintermediation in the real estate marketplace.

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Definitions:

Organizational Size

Pertains to the magnitude of an organization in terms of its number of employees, operational scale, or market reach.

Departmentalization

The organizational process of dividing a company into distinct departments, each managed separately to perform specific tasks or achieve objectives.

Organizational Size

A measurement that reflects the scale and scope of an organization, usually assessed by the number of employees, revenue, or physical size.

Technology

Refers to the application of scientific knowledge for practical purposes, especially in industry.