Which of the Following Characteristics of Online Shopping Contributes to Its

question 117

Multiple Choice

Which of the following characteristics of online shopping contributes to its convenience?

• A)Customers don't have to fight traffic,find a parking space,walk long aisles,or stand in store checkout lines.
• B)Consumers can avail themselves of numerous websites for almost any product or service they want.
• C)Consumers who prefer one-of-a-kind items that fit their specific needs can create them online.
• D)Consumers can engage in an electronic dialogue with marketers.
• E)Consumers are in charge in the marketspace.

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Definitions:

Net 60

A payment term indicating that payment is due 60 days after the invoice date.

Effective Annual Rate

The interest rate on a loan or financial product restated on an annual basis, taking compounding into account.

Credit Terms

The conditions under which credit will be extended to a borrower, including repayment periods and interest rates.

Net 45

A payment term indicating that payment is due 45 days from the invoice date.