All of the following statements about the online real estate services market are true except:
A. the first step in the home buying process for nearly all ages of home buyers is to look online.
B. the major impact of Internet real estate sites has been in influencing offline decisions.
C. the primary service offered by real estate sites is a listing of houses available.
D. the Internet and e-commerce have created a revolution in the real estate value chain.
Answer: D
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If there are 10 manufacturers and 200 retailers, and each manufacturer has 12 interactions per year with each retailer at a cost of $100 per transaction, the total transaction cost of doing business through this channel method is ________
A) $2,000 B) $24,000 C) $200,000 D) $1,200,000 E) $2,400,000
The factor rating method has ______ steps.
A. five B. seven C. six D. eight
Ethics offers prescriptions for what a person should do while not seeking to provide justifications for such recommendations.
Answer the following statement true (T) or false (F)
Which of the following is not a part of a firm's infrastructure?
a. the networks of people b. the physical facilities c. pertinent customer service information d. the product itself