One of the Predictions for the Future of E-Commerce Is

question 1

Multiple Choice

One of the predictions for the future of e-commerce is that:

• A) overall revenues from e-commerce will grow at an annualized rate of about 10 percent a year through 2016.
• B) the first movers from the early years of e-commerce will retain or increase their market share as they continue to exploit economies of scale and switching costs.
• C) prices will lower enough to encourage more consumers to engage in online shopping.
• D) the number of online shoppers will continue to grow at double-digit rates.

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Definitions:

Path Analysis

A statistical technique used in social science to study the direct and indirect relationships between variables in a model.

Dependent Variable

In an experiment or study, the variable being tested and measured, expected to change as a result of variations in the independent variable.

Direction

In the context of statistics, it refers to the nature of the relationship between variables, indicating whether it is positive or negative.