Marketspace Refers to

question 203

Multiple Choice

Marketspace refers to

• A)the two-way buyer-seller electronic communication in a computer-mediated environment in which the buyer controls the kind and amount of information received from the seller.
• B)websites that allow people to congregate online and exchange views on topics of common interest.
• C)Internet search engines used for the purpose of data mining.
• D)an information- and communication-based electronic exchange environment mostly occupied by sophisticated computer and telecommunication technologies and digitized offerings.
• E)the blending of different communication and delivery channels that are mutually reinforcing in attracting,retaining,and building relationships with consumers who shop and buy in traditional intermediaries and online.

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Definitions:

Illegal

Actions or activities that are forbidden by law, which can lead to penalties or punishment if one is caught and convicted.

Legal But Unethical

Actions or practices that may not violate laws but are considered wrong or inappropriate according to ethical standards.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay outstanding debts. The process begins with a petition filed by the debtor or on behalf of creditors.

Top Management

The highest level of managers and executives in an organization who are responsible for making overarching decisions and establishing policies.