Which of the following is considered an advantage of online buying?
A)reduces supplier's negotiating power
B)reduces competition
C)lowers transaction costs
D)increases the number of ultimate consumers

Question

Quizplus · Accepted Answer

Online buying reduces transaction costs, as it eliminates the need for physical stores or intermediaries, and reduces the costs associated with in-person transactions. This is an advantage for consumers who can save money by buying products online. The other options are incorrect as they do not represent advantages of online buying.

Which of the Following Is Considered an Advantage of Online