Which of the Following Is an Advantage of Social Commerce

question 6

Multiple Choice

Which of the following is an advantage of social commerce over traditional e-commerce?

• A) Loyalty
• B) The ability to predict buying habits based on real-time data
• C) Processing speed
• D) Crowdsourcing
• E) Reduced expenses

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Definitions:

Unit Selling Price

The amount of money charged for a single unit of a product or service.

Annual Fixed Costs

The total fixed costs incurred by a business within a year, inclusive of expenses that do not fluctuate with production or sales volume.

Average Operating Assets

An efficiency metric calculated by averaging the value of a company's operational assets over a period, often used in rate of return calculations.

Direct Material Measures

Quantitative assessments used to determine the amount of direct materials required for production.