By Establishing Itself as a _____ Company,the CD Internet Retailer

question 12

Multiple Choice

By establishing itself as a _____ company,the CD Internet retailer Spun.com avoided carrying $8 million in inventory that it would otherwise have needed to support its sales.

• A)ghost
• B)virtual
• C)shelf free
• D)value added

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Definitions:

Status Quo

The existing state of affairs or current condition of a system, organization, or situation, often used as a reference point for measuring change or progress.

Globalization

Refers to the process of interaction and integration among people, companies, and governments worldwide, facilitating trade, investment, and cultural exchange.

Technological Change

The innovation or adoption of new technologies and the impact they have on societies, markets, and industries.

Chief Executive

The highest-ranking officer in an organization, responsible for making overarching decisions and setting strategic directions.