The Relationship Between the Interactive Communication Capabilities of the Internet

question 148

Multiple Choice

The relationship between the interactive communication capabilities of the Internet and customization is that

• A)a highly interactive and individualized information and exchange environment is created for shoppers and buyers.
• B)it helps customers reduce their search costs and more conveniently find the offerings with the desired features.
• C)it protects online consumer privacy about the customized products and services they desire.
• D)it records users' visits to websites, which enhances online consumers' convenience in future visits by suggesting offerings that may be of interest to them when they access the site.
• E)it reduces costs and wasted coverage both for the buyer and seller.

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Definitions:

Manufacturing Overhead

Costs associated with the production process that are not directly tied to the product, including factory rent, utilities, and equipment depreciation.

Direct Labor-Hours

A measure of the total hours worked directly on the production of goods or services by employees.

Predetermined Overhead Rate

The predetermined overhead rate is a rate that is calculated before a period begins, used to allocate estimated overhead costs to cost objects based on a chosen activity base.

Machine-Hours

A measure of the amount of time a machine is operated, typically used in manufacturing to determine production costs or capacity.