Increased Customer Satisfaction Is a Tangible Benefit of Electronic Commerce

question 37

True/False

Increased customer satisfaction is a tangible benefit of electronic commerce.

---

Definitions:

Publicly Trades

Pertains to companies whose shares are bought and sold on stock exchanges, allowing investors to purchase ownership interests in the businesses.

Auction Market

A market where buyers and sellers enter competitive bids simultaneously; the price is determined by the highest bid received by the seller.

Articles of Partnership

Legal documents that outline the terms, conditions, and responsibilities of each partner in a partnership business.

Foresight

The ability to anticipate future trends, events, or needs and plan actions accordingly.