Which of the Following Statements Regarding When and Where Online

question 107

Multiple Choice

Which of the following statements regarding when and where online consumers shop and buy is most accurate?

• A) Twenty percent of online sales occur Monday through Friday.
• B) The busiest shopping day is Wednesday.
• C) Favorite websites for workday shopping and buying include those featuring health and beauty items, and apparel and accessories.
• D) Some 20 percent of consumers say they visit websites from work.
• E) Most people buy online when they are depressed.

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Definitions:

Gold Reserves

Quantities of gold held by central banks or governments to back their currencies and provide security for their financial systems.

J.P. Morgan

An influential American banker and financier who played a significant role in the development of the United States' financial system by financing railroads and helping to organize U.S. Steel, General Electric, and other major corporations.

Banking Syndicate

A group of banks that come together to jointly finance a large project or loan, sharing the risk.

Economic Depression

A long-term downturn in economic activity characterized by high unemployment, low consumer spending, and a decline in industrial output.