Discuss four advantages that businesses using e-marketplaces enjoy.
What will be an ideal response?
Answers will vary. E-marketplaces provide a number of advantages to their participants:Compared to older methods, they reduce the time, effort, and cost of doing business for both buyers and sellers.Because they are Internet-based, they do not require expensive, dedicated connections between firms, so even smaller firms can afford to participate.They enable sellers and buyers to contact and negotiate with a large number of market participants on the other side of the market, thus maximizing the chances of finding good matches.They often provide additional services-beyond simple trade-that allow firms to exchange information and collaborate,thus forging tighter supply chain relationships.
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In a modern customer-oriented organization chart, the ________ of an organization immediately follow the customer segment
A) top management B) marketing department C) middle management D) frontline people E) lower management
When the document is in the custody of a public office:
a. it is permissible to obtain photocopies, which are considered secondary evidence, in a court of law. b. copies of the document should be made but kept separate from the original document. c. the document (or a copy) cannot be used as evidence, in a court of law. d. a summary of the document will suffice.
Describe the consumer rights and remedies provided by the Electronic Fund Transfer Act (EFTA) of 1978
What will be an ideal response?
An unconscionable contract is one that a court refuses to enforce because of
a. fundamental unfairness. b. illegality. c. its limit to free trade. d. overt vagueness.