The Ability of Customers to Avail Themselves of Numerous Websites

question 125

Multiple Choice

The ability of customers to avail themselves of numerous websites for almost anything they want,as well as the ability to engage in electronic dialogue with marketers for the purpose of making informed decisions,are dimensions of ________,one of the reasons consumers shop and buy online.

• A)choice.
• B)communication.
• C)customization.
• D)control.
• E)compatibility.

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Definitions:

Labor Hours

The total number of hours worked by employees within a specific period, often used to measure productivity or labor costs.

Inventory Holding Cost

Expenses associated with storing unsold goods, including warehousing, insurance, taxes, depreciation, and opportunity costs of capital tied up in inventory.

Marginal Subcontracting Cost

The extra expense associated with outsourcing an additional unit of production or service.

Layoff Cost

The financial impact associated with the termination of employees traditionally as a result of downsizing, restructuring, or automation.