The Internet Raises the Bargaining Power of Customers by

question 44

Multiple Choice

The Internet raises the bargaining power of customers by

• A)creating new opportunities for building loyal customer bases.
• B)making more products available.
• C)making information available to everyone.
• D)lowering transaction costs.
• E)enabling the development of new services.

Understand the key cultural concepts and their influences on society as proposed by William Graham Sumner.

Comprehend the definition, role, and impact of beliefs within a culture.

Recognize the characteristics and values of America's dominant culture.

Distinguish between different norms and the varying seriousness of their associated social sanctions.

---

Definitions:

Pituitary

A small gland at the base of the brain responsible for regulating vital body functions and general wellbeing through hormone secretion.

Insulin

A hormone produced by the pancreas that regulates the amount of glucose in the blood.

Pancreas

An organ in the abdominal cavity involved in digestion and blood sugar regulation, producing digestive enzymes and insulin.

Female Pelvis

The lower part of the trunk of the human body between the abdomen and the thighs; in females, it includes the structures involved in reproduction.