Marks & Spencer Is a Well-Known British Department Store Located

question 40

Multiple Choice

Marks & Spencer is a well-known British department store located in the U.K.Customers from Chicago or Dallas can shop for clothing as easily as a person living in London.This shows how electronic commerce contributes to customer value through the creation of

• A)service utility.
• B)possession utility.
• C)form utility.
• D)possession and place utility.
• E)place utility.

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Definitions:

Consumer Electronics

Consumer electronics are electronic devices designed for everyday use, typically in private homes, such as smartphones, tablets, and televisions.

Recycling

The process of converting waste materials into new products to prevent waste of potentially useful materials, reduce consumption of raw materials, and lower energy usage and air and water pollution.

Remanufacturing

The process of refurbishing used products or components to a like-new condition, offering a sustainable alternative to new production.

Carbon Allowances

Permits that allow the holder to emit a certain amount of carbon dioxide or other greenhouse gases, often used in cap-and-trade systems to reduce emissions.