Which of the Following Statements Is True About the Technologies

question 124

Multiple Choice

Which of the following statements is true about the technologies used by consumers to search for product or service-related information?

• A) QR codes are customer identification numbers through which consumers can make online transactions or purchases.
• B) GPS-based technologies allow consumers to quickly address specific needs that they have while they are traveling.
• C) QR codes are generally not preferred by consumers as they are very time-consuming.
• D) Visual search refers to a consumer searching for a particular product over the Internet.
• E) Internal search allows consumers to simply take a photo of an object or scan it into their screen and quickly receive information about it.

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Definitions:

Net Present Value

Net present value is a financial calculation that determines the worth of a project or investment by discounting its future cash flows to the present value using a specific discount rate, to assess its profitability.

Present Value Factor

A coefficient used to calculate the present value of a future amount of money or stream of cash flows given a specific rate of return.

Cash Flows

The net amount of cash being transferred into and out of a business, illustrating its ability to generate and use cash.

Incremental Analysis

An examination of the additional benefits and costs of certain business decisions.