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:

Workers

Workers refer to individuals engaged in any form of employment or labor, contributing their skills and efforts in exchange for compensation.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

Total Cost

The sum of all costs incurred by a business in producing a good or service, including both fixed and variable costs.

Output

The total quantity of goods or services produced by a company or an economy.