The Principal Difference Between the Two Major Types of Websites

question 96

Multiple Choice

The principal difference between the two major types of websites is that promotional websites are designed to __________ while transactional websites are designed to __________.

• A)create portals;act as bots
• B)convert online browsers into online buyers;promote a company's products and services
• C)provide information about a company;move consumers closer to a purchase
• D)move consumers closer to a purchase;provide information about a company
• E)promote a company's products and services;convert online browsers into online buyers

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Definitions:

Convexity

In economics and finance, convexity refers to the shape of the curve that demonstrates how the duration of a bond changes as the interest rate changes.

Production Function

An equation that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs.

Input

Resources used in the production process to create goods or services, including labor, materials, and capital.

Returns To Scale

An economic concept describing how the increase in inputs affects the level of output of a production process.