In Addition to Knowing More About the Products,services,manufacturers,and Retailers,Internet Users

question 63

Multiple Choice

In addition to knowing more about the products,services,manufacturers,and retailers,Internet users know more about prices.These consumers are becoming more

• A) price insensitive.
• B) price observant.
• C) price neutral.
• D) price sensitive.
• E) adept at price negotiation for all kinds of products.

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Definitions:

Trading Securities

Financial instruments that are purchased primarily for selling in the near term with the intention of generating profit from short-term price fluctuations.

Fair Value

The amount one would get from selling an asset or the cost to transfer a liability during a well-structured deal between participants in the market at the time of evaluation.

Profit Margin

A financial metric that evaluates a company's profitability by comparing net income to sales.

Total Asset Turnover

Total asset turnover is a financial ratio that measures a company's efficiency in using its assets to generate sales, calculated as sales divided by total assets.