Which of the Following Assessments of Electronic Retailing Is Most

question 342

Multiple Choice

Which of the following assessments of electronic retailing is most accurate?

• A) Electronic retailing has two major advantages over traditional businesses: simplicity and very low start-up costs.
• B) One of the reasons electronic retailing firms have been so successful has been their ability to deal with customer complaints and provide personalized services more efficiently than traditional firms.
• C) Traditional retailers seldom find much success when they attempt to incorporate online selling into their businesses.
• D) The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.

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Definitions:

Electronic Communications Networks

Digital systems that match buyers and sellers for trading securities, bypassing traditional stock exchanges.

TSX Exchange

The Toronto Stock Exchange (TSX) is the largest stock exchange in Canada, where securities like stocks, bonds, and other financial instruments are bought and sold.

Trading Floor

The physical location where traders buy and sell securities, such as stocks or futures, within a financial exchange setting.

Leaving Money on the Table

A term used in finance and economics indicating a situation where less profit is made from a deal than what could have been made.