Marcel downloaded an episode of his daughter's favorite program to his cell phone to ward off a tantrum while they were shopping. Which of the four distinctive characteristics was most critical to enable this action?
A) It is tied to one user.
B) It allows marketers to personalize messages.
C) It is virtually always "on."
D) It allows for immediate consumption as it is a distribution channel with a payment system.
E) It is highly interactive given it allows for geotracking and picture and video taking.
D
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Which of the following is an advantage of a letter of credit for an importer?
A. The importer does not have to pay for the merchandise until the documents have arrived. B. Obtaining pre-export financing becomes easier. C. It helps the importer to get goods for a lower price. D. It results in lower shipping costs. E. The importer does not have to pay the third party a fee for facilitating the transaction.
Both cost leadership and vertical integration business strategies are based on efficiency
Indicate whether the statement is true or false.