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 to communicate with individual sellers.

Question

Quizplus · Accepted Answer

E-marketplaces can reduce marketing costs more than traditional sales channels because they provide a centralized platform where multiple sellers can list their products, reducing the need for individual marketing efforts by each seller. This can also lead to cost savings for buyers, who can compare prices and products from multiple sellers in one place. Option A is incorrect because e-marketplaces do not necessarily face time-constraint problems in international trade. Option B is incorrect because e-marketplaces typically provide a single platform for prices, availability, and stock levels. Option D is incorrect because e-marketplaces usually allow for communication between buyers and sellers.

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