Which of the Following Statements Regarding Online Consumers Is MOST

question 51

Multiple Choice

Which of the following statements regarding online consumers is MOST ACCURATE?

• A)With the exception of the setting used to make the exchange (online versus retail store),the profile of an online customer is almost identical to the traditional shopper.
• B)Although online shopping and buying is popular,a small percentage of online consumers still account for a disproportionate share of online retail sales in the United States.
• C)The group most likely to use the Internet to make purchases is comprised of educated males between the ages of 25 and 39.
• D)Although growing in total sales revenues,the percentage of online sales is beginning to decline due to the downturn in the economy and the passage of a national Internet sales tax.
• E)Many people are "put off" by the difficulty in navigating so many new websites.

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Definitions:

Free Entry

A market condition where there are no barriers for new competitors to enter the market and compete with existing firms.

Fashion Jewelry

Jewelry designed to complement the current fashion trends rather than serve as collectible or investment items, often made with non-precious materials.

Mineral Mining

The process of extracting minerals from the earth, which can include metals, gems, and other geological materials.

Dramatic Decline

Dramatic decline refers to a rapid and significant decrease in value, quantity, or quality of an economic indicator, asset, or other measurable factors.