________ are databases stored in computers that require a telecommunications network to access

Which of the following is FALSE regarding description of a product by specification?

A) Allows purchase from a number of sources B) The minimum specifications set by the buyer are likely to become the maximum furnished by the supplier. C) Developing specifications is an inexpensive process. D) All of the above E) B and C above

Each of the following is a main function of traditional and electronic markets except

A) matching buyers and sellers. B) facilitating the exchange of information, goods, services, and payments associated with market transactions. C) financing the transformation of raw materials into finished products. D) providing an institutional infrastructure, such as a legal and regulatory framework that enables the efficient functioning of the market.