List Five Broad Categories of Measurements That Are Considered for Use

question 15

Essay

List five broad categories of measurements that are considered for use in assessing performance of ecommerce units.

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Definitions:

Oligopolist

A seller in an oligopoly market, a market structure characterized by a small number of firms dominating the market.

Payoff Matrix

A table showing the potential outcomes or payoffs from different decisions or strategies in game theory.

Duopoly

A market structure characterized by two producers or sellers dominating a particular industry or sector.

Profit

is the financial gain made in a transaction or business operation, calculated as the difference between revenue and costs.