Online communities are one way for buyers to connect with others who have already dealt with a similar need.

Answer the following statement true (T) or false (F)


True

Buyers especially value recommendations from others that have already dealt with a similar need. Online social networks are making it easier to connect with other buyers.

Business

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Walmart used its investments in information technology to create direct links between its own warehouses and manufacturers, thereby eliminating the need for independent wholesalers in its system. This is an example of:

A) reintermediation. B) disintermediation. C) hybrid system. D) channel conflict.

Business

The President has the power to remove the chairperson of the Consumer Product Safety Commission, an independent administrative agency, if the President disagrees with the chairperson's actions

a. True b. False Indicate whether the statement is true or false

Business

Recent studies have shown that small companies do no succeed in social commerce

Indicate whether the statement is true or false

Business

A creditor is one who lends money to, or allows goods or services to be purchased on credit by, another party, the:

a. payee b. debtor c. debtee d. financer e. recipient

Business