All of the Following Statements About the MOTO Sector Are

question 74

Multiple Choice

All of the following statements about the MOTO sector are True except:

• A) compared to general merchandisers, the transition to e-commerce has been easier for MOTO firms.
• B) the MOTO sector is also referred to as the specialty store sector.
• C) MOTO was the last technological revolution that preceded e-commerce.
• D) distribution of catalogs is one of MOTO retailers' biggest expenses.

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Definitions:

Petroleum

A naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons and other organic compounds, used primarily as fuel and in the production of various chemicals.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a fuel and raw material in chemical industries.

Opportunity Cost

Surrendering the chance for gains from other choices by opting for one path.

Machinery

Equipment, especially of a mechanical nature, used in the production process of goods.