Identify a true statement about e-commerce.
A) Business-to-consumer selling companies have the larger share of profits arising from the total e-commerce sales.
B) E-commerce has completely eliminated the individualized buying experience.
C) Business-to-business selling companies comprise the vast majority of total e-commerce sales.
D) E-commerce excludes the sales of goods and services through websites or online portals.
Question 2 - Although it lacks sources of timber and oil, Chablis has a plentiful supply of grapes for its many wineries. Which statement about Chablis is true?
A) It has a comparative advantage in wine production.
B) It has a comparative advantage in timber and oil production.
C) It has an absolute advantage in the production of wine.
D) It has an absolute advantage in timber and oil production.
E) It has no comparative or absolute advantages.
Question 3 - A shelf dispenser in a supermarket provides pieces of paper that offer 1.00 off any Thermasilk hair care product. Customers can redeem their savings at the time of purchase. This sales promotion is a _____.
A) point-of-purchase display
B) rebate
C) coupon
D) premium
E) refund
Question 4 - A labor-intensive technology is one in which people must do most of the work.
Indicate whether the statement is true or false
Question 5 - Before sales of its IPad 1 reached their peak, Apple launched the IPad 2, which took sales from the IPad 1 but also overtook the sales of its competitors' products. This strategy helped Apple maintain its standing as a leading-edge company in tablet PCs and demonstrates the importance of _____ as a competitive advantage.
A) speed-to-market
B) budgeting
C) event chain methodology
D) elemental cost planning
Quick Reply
