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Rigala.com is an online shopping store that sells a wide variety of products. The company saves the shipping information of customers when they place orders to save time during future purchases. The company sends an email to the customer after the purchase of the product and provides a tracking number that allows them to track their order. All these strategies have helped the company to increase the sale of their products online. Which of the following features of online shopping is attracting consumers to the website in the above scenario?
Specified Expiration Date
The predetermined date on which an options or futures contract expires, determining the last day it can be exercised or traded.
Bond Equivalent Yield
is a calculation for converting the yield on a short-term, discount-based security into an annual yield that is comparable to those of bonds, to facilitate comparison among various securities.
Bank Discount Quote
A method of quoting the price of a short-term money market instrument, like a Treasury bill, as a discount from its face value, not taking into account compound interest.
Face Value
The nominal or dollar value printed on a bond or other financial instrument, representing the amount to be repaid at maturity.
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