More Americans are investing in the stock market through online trading. Explain the value of online trading
What will be an ideal response?
Answer: The popularity of online trading stems from convenient access to the Internet, fast no-nonsense transactions, and the opportunity for investors to manage their own investments while paying low fees for trading. Online investors buy into and sell out of the stocks of thousands of companies daily. Consequently, keeping track of who owns what at any given time has become a monumental burden. Relief has come from book-entry ownership. Historically, shares of stock have been issued as physical paper certificates. Now they are simply recorded in the companies' books, thereby eliminating the costs of storing, exchanging, and replacing certificates.
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Core strategy describes what causes consumers to pick one company's products over another
Indicate whether the statement is true or false