Which of the following statements is true of an e-marketplace?
A) It faces time-constraint problems in international trade.
B) It provides separate platforms for prices, availability, and stock levels.
C) It reduces marketing costs more than traditional sales channels.
D) It lacks the provision for online outsourcing.

Question

Quizplus · Accepted Answer

An e-marketplace can reduce marketing costs as it allows for wider reach and can leverage technology to target specific audiences. A is incorrect because e-marketplaces can operate 24/7 globally. B is incorrect as an e-marketplace provides a single platform that integrates prices, availability, and stock levels. D is incorrect as e-marketplaces do offer online outsourcing options for services such as customer support, shipping, and logistics.

Which of the Following Statements Is True of an E-Marketplace