John and Jenny Have Been Saving for Two Years to Take

question 61

Multiple Choice

John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld.They are surprised to find out that airline tickets are far more expensive than they had anticipated.They decide to try to find cheaper tickets on Priceline,where they are allowed to set their own price they are willing to pay for the airline tickets.What form of ebusiness model are John and Jenny using?

• A) C2C
• B) B2B
• C) C2B
• D) B2C

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Definitions:

Observations

The action or process of closely monitoring or noting phenomena to gain information.

Variables

Elements, characteristics, or factors that can change and affect the outcome of a study or experiment.

Hawthorne Effect

Modification of behavior by study participants due to their awareness of being observed, highlighting the influence of observation on research outcomes.

Reactivity

The extent to which people alter their behavior or responses due to being observed or knowing they are being studied.