Five (5)general Product and Service Categories Dominate Online Consumer Buying

question 117

Multiple Choice

Five (5) general product and service categories dominate online consumer buying.One category includes items where

• A)digital delivery is an important factor as well as post-purchase support services.
• B)price and speed of delivery are the determinant sales factors.
• C)convenience is very important,even more so than price or quality.
• D)product information is an important part of the purchase decision but prepurchase trial is not necessarily critical.
• E)price and delivery time are not key factors,but product warranties are very important.

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Definitions:

Mass Production

The large-scale manufacturing of goods through standardized processes, allowing for the efficient production of large quantities of identical items.

Age-sex Pyramid

A graphical representation of the age and sex distribution of a population, typically a bar graph, which provides insights into demographic trends and potential social and economic impacts.

Birthrate

A measure of fertility, usually expressed as the number of births per 1,000 people in a population in a given year.

Immigration

The action of coming to live permanently in a foreign country, often resulting from the desire for better opportunities or to escape adverse conditions.