How Do Shopbots Affect Pricing Strategies

question 178

Multiple Choice

How do shopbots affect pricing strategies?

• A) They encourage a more creative use of advertising.
• B) They link manufacturers,suppliers,and customers.
• C) They create opportunities for prestige pricing.
• D) They provide a means for comparison shopping.
• E) They create inelastic demand.

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Definitions:

Point Of Presence

A physical access point to the Internet where different networks meet to exchange data.

DNS Server

A server on the Internet that translates human-friendly domain names into IP addresses, facilitating the location of computer services and devices.

Registered

Denotes something that has been officially recorded and recognized by an authority or organization.

Fiber Optics

A technology that uses thin strands of glass or plastic fibers to transmit data as pulses of light, enabling high-speed internet and telecommunications.