In the Marketspace,consumers Can Tell Marketers Specifically What Their Requirements

question 47

Multiple Choice

In the marketspace,consumers can tell marketers specifically what their requirements are,making possible the customization of a product or service to fit their exact needs.This means that marketers can use electronic commerce to enhance customer value by providing

• A)place utility.
• B)form utility.
• C)time utility.
• D)possession utility.
• E)product utility.

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Definitions:

Dissolution

The process of legally dissolving a company, ending its existence by distributing its assets to creditors and shareholders.

Secured Creditor

A lender that has the right to claim specific assets of the borrower as repayment in case of default.

Director's Control

The authority and power held by a company's board director(s) to guide and manage the organization's operations and policies.

Report as to Affairs

A document that provides a financial snapshot of a company's assets and liabilities, typically used in insolvency proceedings.