GrouponCom Offers Discounts on Products and Services in Specific Cities

question 13

Multiple Choice

Groupon.com offers discounts on products and services in specific cities. The concept of Groupon is that the discount for the product or service can be claimed only if a certain number of people purchase it. How can Groupon best be described?

• A)as a media sharing site
• B)as a microblog
• C)as a social networking site
• D)as a social commerce site

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Definitions:

Outsourcing

The practice of hiring external firms or individuals to perform tasks, handle operations or provide services for an organization.

Specific Skills

Abilities or expertise that are particularly suited to specific tasks or industries, often requiring specialized training or experience.

Cost Neutrality

A financial strategy or condition where new expenditures are offset by savings or additional revenue in other areas, resulting in no net impact on the budget.

Compensation and Benefits

The package of salary, wage, and other perks provided to employees in exchange for their work and expertise.