Which of the Following Is Not One of the Central

question 45

Multiple Choice

Which of the following is not one of the central challenges facing the online retail industry?

• A) lack of physical store presence
• B) consumer concerns about the privacy of personal information
• C) inconvenience in returning goods
• D) delivery delays

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Definitions:

Sales Forecasts

Predictions about the future sales performance of a company or product, based on market analysis and historical sales data, used for planning purposes.

Budget Manual

A budget manual is an organized, documented set of procedures and guidelines that an organization uses to prepare its budgets, aiming to standardize the budgeting process.

Strategic Plans

Long-term goals and objectives of an organization, along with the action plan to achieve them, focusing on overall direction and long-term growth.

Cash Budget

A financial plan that outlines expected cash inflows and outflows over a specific period, including income and expenses.