Online Retail Purchases by Consumers Can Be the Result of Several

question 262

Multiple Choice

Online retail purchases by consumers can be the result of several very different approaches,which include: (1) using a shopping "bot" to search for a product at locations with the best price; (2) participating in an online auction; (3) going directly to online malls;and (4)

• A)paying dues to become a member of an online discount service.
• B)becoming a secret shopper.
• C)participating in a buying cooperative.
• D)using direct selling.
• E)becoming a member of a research group that evaluates new products.

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Definitions:

Monthly Budget

A financial plan that allocates expected income towards expenses, savings, and debt repayment over the course of a month.

Planning

The process of establishing objectives and determining the strategies and actions needed to achieve them, often used in the context of projects, events, or business strategies.

Task-Focused

Oriented towards completing tasks and achieving specific objectives, often with an emphasis on efficiency and productivity.

Employees

Individuals who are hired by others to perform specific jobs in exchange for compensation.