With Respect to Pricing,what Has Retailers' Presence on the Internet

question 124

Multiple Choice

With respect to pricing,what has retailers' presence on the Internet resulted in?

• A) retailers gaining firmer control of market pricing at the expense of the end user
• B) the retailers' ability to charge what the market will bear
• C) the end user having more ability to comparison shop thus resulting in a larger measure of control over prices charged by retailers
• D) vast economies of scale resulting in higher profit margins for retailers

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Definitions:

Shipping Costs

Expenses associated with transporting goods from one location to another.

Raw Material Costs

Expenses associated with acquiring the unprocessed materials needed to manufacture a product. These costs are a significant component of total production cost.

Total Cost Of Offshoring

The comprehensive calculation of all expenses related to relocating business operations abroad, including setup, operational, and labor costs.

Supply Chain Visibility

The ability of a company to track and understand the status of its products throughout the supply chain, from raw materials to final delivery.