The Four Main Online Retail Business Models Are Virtual Merchants

question 45

Short Answer

The four main online retail business models are virtual merchants, multi-channel merchants, manufacturer-direct firms, and ________ merchants.

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Definitions:

Frontal Lobes

The area of the brain located behind the forehead that is responsible for complex cognitive functions, including behavior, decision making, and movement.

Planning

The process of thinking about, organizing, and preparing for any specific goal or future task.

Personality

A unique combination of behavioral, cognitive, and emotional traits that arise due to both nature and nurture factors.

Motor Cortex

The strip of tissue at the rear of the frontal lobes that controls voluntary body movement and participates in learning and cognitive events.