Many Internet Retailing Pioneers That Had Great Ideas Are Not

question 179

Multiple Choice

Many Internet retailing pioneers that had great ideas are not around today. Which of the following is a major reason for the failure of such Internet retailers?

• A) Failure to develop whole marketing strategies that met customer needs
• B) Widespread acceptance of the mass-merchandising concept by brick-and-mortar stores
• C) Failure to maintain lower operating costs than brick-and-mortar stores
• D) Growth in popularity of efficient delivery services from UPS and FedEx
• E) Low consumer purchasing power

Understand the consequences of committing plagiarism in academic work.

Recognize the importance of proper citation and referencing in avoiding plagiarism.

Understand the relationship between marginal cost, average variable cost, and average total cost.

Analyze the implications of variable and fixed costs on the firm's decision-making process.

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Definitions:

Wine

An alcoholic beverage made from fermented grapes or other fruits, varying greatly in taste, strength, and color.

Pregnant

The state of carrying a developing fetus within the female body.

Baby

A very young child, especially one newly or recently born.

Teratogens

Agents or factors that cause malformation of an embryo or fetus, including certain drugs, chemicals, and infectious diseases.