Major Advantages of E-Commerce to Buyers Include

question 2

Multiple Choice

Major advantages of e-commerce to buyers include

• A) finding products and services that are not available in local stores.
• B) buying in groups.
• C) shopping globally.
• D) all of the above.

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Definitions:

Sales Discounts

A reduction in the price of a product or service provided by the seller to the buyer, often used as an incentive to encourage prompt payment or to increase sales volume.

Net Sales

The revenue from sales transactions after deductions of returns, allowances for damaged or missing goods, and discounts.

Sales Returns

Transactions where customers return previously purchased products, leading to a reversal of sales revenue.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.