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Which of the Following Is an Advantage of E-Commerce

question 9

Multiple Choice

Which of the following is an advantage of e-commerce?
I.Reduction of transaction costs
II.Shortened supply chain response times
III.Greater customer loyalty


Definitions:

Social Cognitive Theory

A theory of learning and social behavior which proposes that new behaviors can be acquired by observing and imitating others, in addition to the influence of beliefs, expectations, and intentions.

Self-Efficacy Beliefs

An individual’s belief in their ability to succeed in specific situations or accomplish a task.

Positive Reinforcement

A motivational technique that involves rewarding a desired behavior to encourage its recurrence.

Self-Efficacy Beliefs

The confidence an individual has in their ability to execute behaviors necessary to produce specific performance attainments.

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