Carolynn Schmitz Pays All of Her Bills Online

question 100

Multiple Choice

Carolynn Schmitz pays all of her bills online. She has accounts set up with all the merchants she does business with. Each month when she receives a bill, she logs into the merchant's Website and authorizes a transfer of funds from her checking account to the merchant. Carolynn is using the _________________________ method of paying bills online.

• A) Online banking
• B) Biller direct
• C) Bill consolidator
• D) Bill forwarding

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Definitions:

Needs Hierarchy

A theory, often associated with Abraham Maslow, which suggests that human needs are arranged in a hierarchy, starting from basic physical requirements up to higher needs like self-actualization.

Physiological

Physiological pertains to the functions and processes that occur within living organisms, providing a basis for understanding physical and biological needs.

Victor Vroom

Victor Vroom is known for his work on expectancy theory, which suggests that individual motivation is influenced by expected outcomes and the value placed on those outcomes.

Expectancy Theory

A motivational theory suggesting that individuals are motivated to perform or behave in a certain way if they believe that their actions will lead to a desired outcome.