The Statement "Most Business-To-Consumer Sites Offer Consumers Incentives to Buy

question 13

Multiple Choice

The statement "Most business-to-consumer sites offer consumers incentives to buy and return,such as coupons,discounts,special offers,and vouchers for other Web services" reflects the _______________ success factor for retailing on the Web.

• A)performance and service efficiency
• B)selection and value
• C)advertising and incentives
• D)look and feel

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Definitions:

Default Rate

A measure reflecting the percentage of borrowers who fail to make payments on their debts as scheduled.

Bad Debt Accruals

Bad debt accruals are amounts set aside by a company to cover accounts receivable that are not expected to be collected because customers are unable to pay.

Ages Receivables

A method of categorizing accounts receivable according to the length of time an invoice has been outstanding.

Gross Accounts Receivable Approach

A method to estimate the total amount of receivables, including both collected and still outstanding payments.