Bots Are

question 11

Multiple Choice

Bots are

• A) web pages that serve as a publicly accessible personal journal for an individual or organization.
• B) computer files that a marketer can download onto the computer or mobile phone of an online shopper who visits the marketer's website.
• C) electronic shopping agents that search websites to compare prices and product or service features.
• D) filters that reduce the number of unsolicited messages allowed into an individual's e-mail account.
• E) interactive Internet-enabled systems that allow individual customers to design their own products and services.

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Definitions:

Optimal Solution

The best achievable outcome or decision among a set of alternatives that maximizes or minimizes the desired objective.

Scarce Resources

Resources that are limited in availability and cannot meet all demands of production or consumption at the same time.

Shadow Price

In economic theory, the value of an additional unit of a constrained resource, or the opportunity cost of not having that additional resource available.

Assembly Time

The total time required to put together various components of a product into its final form.