The E-Commerce Potential Index Developed in the Text Includes Three

question 56

True/False

The e-commerce potential index developed in the text includes three indexes: market size, market growth rate, and e-commerce readiness.

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Definitions:

Market Orientation

A business philosophy where the company prioritizes identifying and meeting the needs of its customers through its product mix.

Strategies

Plans of action designed to achieve long-term or overall goals and objectives.

Competitors

Other businesses or individuals that offer similar products or services and vie for the same target market's attention and resources.

Extrapyramidal Effects

Severe side effects of the major tranquilizers.