Some Disadvantages Associated with Electronic Retailing Include ___________________

question 95

Multiple Choice

Some disadvantages associated with electronic retailing include ___________________.

• A) Easier for customers to walk away
• B) Reduced ability to sell features and benefits
• C) Security of personal data
• D) All of the above
• E) None of the above

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Definitions:

Just-In-Time Purchasing

An inventory management strategy where materials are ordered and received just as they are needed in the production process, minimizing stock levels.

Electronic Data Interchange (EDI)

A system for exchanging business documents in a standardized electronic format between organizations.

Minimal Inspection

A quality control strategy where only a minimal or limited amount of inspection is carried out to ensure product quality.

Lead Time

The amount of time that passes between the commencement of a process and its completion, often used in the context of production and supply chain management.