Buyline Is an E-Commerce Web Site

question 87

Multiple Choice

Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced. In this case, it is evident that BuyLine is a _____.

• A)social networking site
• B)group buying platform
• C)peer-to-peer e-commerce platform
• D)participatory e-commerce site

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Definitions:

Specialized Expertise

Advanced knowledge or skills in a specific field or area, gained through education, training, or experience.

Process Controls

The methods and procedures implemented to monitor and manage business processes to ensure efficient and effective operation and to meet goals and standards.

Line Units

Departments or teams directly involved in the core operations or primary purpose of an organization.

Division of Labor

The allocation of different parts of a manufacturing process or task to different individuals in order to improve efficiency.