In Recent Years, ________ Has Been Growing Fast

question 50

Multiple Choice

In recent years, ________ has been growing fast. This includes selling to final consumers through vending machines, self-serve kiosks, the Internet, and smart phone applications.

• A) self-service retailing
• B) private labeling
• C) off-price retailing
• D) nonstore retailing
• E) e-commerce

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Definitions:

Average Revenue

The amount of money a company makes per unit of goods or services sold, calculated by dividing total revenue by the number of units sold.

Distributed Team

A group of individuals who work together from different geographical locations, often coordinating their efforts through technology.

Computer-based Interactions

Interactions that occur through or with the help of computers, including communication, transactions, or any form of exchange of information digitally.

Informal Group

A team that is unofficial and emerges from relationships and shared interests among members.