Which of the Following Statements Best Describes the Internet

question 26

Multiple Choice

Which of the following statements best describes the Internet?

• A)The Internet has shifted all shopping power to consumers.
• B)Consumer reviews tend to be equal in quality.
• C)Business-to-business auctions on the Internet are likely to be more important than consumer auctions in the future.
• D)Extranets are programs that search the Internet for the best price for a particular product.

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Definitions:

Spending Money

Funds allocated for personal, discretionary use, typically for purchases outside of essential living expenses.

Russian Rubles

The official currency of the Russian Federation, symbolized as RUB and used for all financial transactions within the country.

Euros

The Eurozone's official monetary unit, utilized by 19 out of the 27 member states of the European Union.