Six General Product and Service Categories Dominate Online Consumer Buying,accounting

question 153

Multiple Choice

Six general product and service categories dominate online consumer buying,accounting for about 70 percent of online sales.One category includes items like computers,consumer electronics,and books for which

• A) digital delivery is an important factor as well as post-purchase support services.
• B) price and speed of delivery are the determinant sales factors.
• C) convenience is very important, even more so than price or quality.
• D) product information is an important part of the purchase decision, but prepurchase trial is not necessarily critical.
• E) price and delivery time are not key factors, but product warranties are very important.

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Definitions:

Shares

Units of ownership in a company, typically traded on a stock exchange, representing a portion of the corporate equity.

Treasury Stock

Shares that were issued and later reacquired by the issuing company.

Par Common Stock

The nominal or face value of common stock as stated in the corporate charter, which is the minimum amount that must be paid by investors for each share.

Preferred Stock

A type of stock that provides dividends before common stockholders and has priority over common stock in the event of liquidation.