Describe Some of the Factors Relating to Consumers' Motivations and Buying

question 78

Essay

Describe some of the factors relating to consumers' motivations and buying behavior that influence their level of trust in an e-commerce store.

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Definitions:

NonConforming Goods

Products delivered under a contract that fail to meet the specifications or quality standards agreed upon by the buyer and seller.

Price Allowance

Price Allowance is a discount or reduction in price, usually granted by a seller to a buyer, to account for damage, defects, or promotions.

Tender

An offer of money or service in payment or performance of an obligation.

Good Faith

Acting with honesty and integrity without the intention of deceiving or defrauding others, often in contractual or negotiation contexts.