Before Launching an E-Commerce,the Business Owner Should Consider

question 86

Multiple Choice

Before launching an E-Commerce,the business owner should consider:

• A)handling of customer service for the site.
• B)the impact of the Web site on the company's traditional channels of distribution.
• C)Both A and B
• D)Neither A nor B

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Definitions:

EOQ Model

Stands for "Economic Order Quantity Model," a formula that calculates the optimal order quantity to minimize the costs of holding inventory and placing orders.

Specialty Tea

Specialty tea refers to high-quality teas that are often distinguished by their origin, unique flavors, and cultivation practices, attracting a premium market.

Standard Deviation

A measure of the dispersion or variability in a set of data, indicating how much individual data points differ from the mean.

Stockout

A situation where the demand for a product exceeds the available supply, resulting in an inability to fulfill customer orders.