The Success of Web-Based Shopping Hinges on ________

question 52

Multiple Choice

The success of web-based shopping hinges on ________.

• A)building stronger customer relationships and identifying the unique needs of each customer
• B)building a reputation for exclusivity by offering a limited number and smaller variety of goods
• C)providing goods at prices that are at par or just a little higher than brick-and-mortar stores
• D)reducing security and identification checks and increasing the modes of payment available

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Definitions:

Widgets

A generic term used to refer to any product or manufactured item, often used in discussions about production and economics without specifying the actual item.

Special Price

A unique, reduced price offered for a product or service, often for a limited time or under specific conditions.

Robinson-Patman Act

A federal law that prohibits charging customers different prices if it is injurious to competition in the market.

Additional Shift

Implementing an extra work period within a 24-hour timeframe to increase production capacity.