Brick and mortar business - Study guides, Class notes & Summaries

ISC301 FINAL EXAM PRACTICE TEST. c - CORRECT ANSWER QN=1 Dell's cornerstone business model is based on the concept of: a. rapid business growth and threatening competitors b. selling directly to small and medium sized businesses c. build-to-order which allows customers to configure their own customized systems d. e-collaboration with a few select business partners b - CORRECT ANSWER QN=2 ______ refers to the buying and selling of goods and services; servicing of customers; collabora...

Inside LVMH Certification Final Exam (2024) || Complete Questions & Answers (Graded A+) Inside LVMH Certification Final Exam (2024) || Complete Questions & Answers (Graded A+) Looking at distribution, is Brick and Mortar still important part of the luxury story? - ANSWER - Yes Which of the following statements are part of the 6 pillars of the LVMH business model? - ANSWER - - Sustaining savior faire - Creating synergies - Balance across business segments and locations - Decentralized o...

Types of e-commerce - about internet exchange. Business models: categorized based on who is the "consumer" (buyer) and who is the "provider" (seller). B2B, B2C, C2C, G2C(gov), G2B, G2G brick-and-mortar - Space restrictions "Limit of how much space you can take up without increasing cost" Have limited shelf space in store.... Trust- Can talk to an associate about a product... Time- Can get the product Immediately click and mortar - Internet isn't restricted to a specific location, ...

what is e-commerce correct answers exchange of goods, services, and money among firms, between firms and customers, and between customers, supported by communication technologies and the internet Types of private sector exchanges correct answers B2B B2C C2C C2B (C = customers B= business) E-Government exchanges correct answers G2C G2B G2G (G=govt, B=Business, C=citizen) types of business models correct answers brick and mortar click and mortar click only brick and mortar cor...

DECA Hospitality And Tourism Exam Questions With Correct Answers An offer must be one party and accepted by the other party in order for a contract to be legally binding. When an agent legally acts in the best interests of his/ her client, the agent is establishing a(n) ______ relationship. Fiduciary. Which of the following is one of the rights of customers in the travel and tourism industry: To be informed about a destination's social conditions. Kathy's once-booming tradit...

When categorizing eCommerce initiatives by transaction type, which category does an Online Travel Agency such as Expedia fall into? Business-to-Consumer (B2C) Business-to-Business (B2B) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B) eGovernment -ANSWER Business-to-Consumer (B2C) When traditional travel agents, like American Express, saw the potential offered by the Internet and aggressively used the new channel they became an example of: Brick and Mortar Bricks and...

What is the primary purpose for publishing company information on the Internet? a.) To entice potential customers to shop b.) To educate stakeholders on the company's mission and vision, production information, and community efforts c.) To discourage customers from visiting the traditional storefront d.) To inform customers of new products and upcoming sales - Amswer-To educate stakeholders on the company's mission and vision, production information, and community efforts Mobile e-comme...

AN 300 Questions with Correct Answers 100% Verified Which of the following is the definition of decision making you learned from this class? - Correct Answer It is to choose among alternative courses of action to improve organization performance. Define the correct sequence of the decision making process by placing a number to reflect the order of each of the following stages: Identify alternative solutions Choose one alternative Define a decision making situation 1 Evaluate each al...

Brick and mortar - Answer A business that operates out of a physical facility (instead of online). Builders - Answer A type of producer that constructs roads, bridges, buildings, houses, etc. Consumers - Answer People who use goods and services to satisfy their wants. E-tailers - Answer Retailers who operate solely online. Manufacturer - Answer A type of producer that changes the shapes or forms of materials so that they will be useful to consumers. Producers - Answ...

DECA Hospitality And Tourism Exam Questions With Correct Answers An offer must be one party and accepted by the other party in order for a contract to be legally binding. When an agent legally acts in the best interests of his/ her client, the agent is establishing a(n) ______ relationship. Fiduciary. Which of the following is one of the rights of customers in the travel and tourism industry: To be informed about a destination's social conditions. Kathy's once-booming tradit...