Andy Purchased a Number of Books from Amazon

question 31

Multiple Choice

Andy purchased a number of books from Amazon.com,and he learned to trust the recommendations made to him.More than once he was pleasantly surprised at the books and authors he discovered this way.In this case,Amazon.com was creating value for Andy through

• A) repeat business.
• B) rapid delivery.
• C) expanded market presence.
• D) personalized offerings.
• E) interactive offerings.

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Definitions:

Consumers

Individuals or organizations that use goods and services generated within the economy.

Producers

Individuals or entities that create goods or services for sale or exchange in a market.

Trade

The exchange of goods and services between parties.

Imports

Goods or services brought into one country from another for the purpose of sale.