The Advent of the Internet and Electronic Commerce Has Greatly

question 98

Multiple Choice

The advent of the Internet and electronic commerce has greatly affected the way businesses price their goods and services and has allowed for the use of more of which of the following?

• A)zoning (or basing) pricing
• B)two-part pricing
• C)psychological (or odd-even)
• D)flexible (or variable) pricing

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Definitions:

Demographic

Statistical characteristics of human populations, such as age, gender, and income, used especially to identify markets.

Geographic

Relating to the physical features, climate, or population distribution of a specific area or location.

Social Footprints

The trail of information and interactions one leaves on social media platforms, representing their online presence and activities.

Digital Identity

The online presence of an individual or organization, encompassing all the digital information and attributes associated with them.