Which of the following is a difference between online retailing and the click-and-collect process?
a. Online retailing resells pre-owned items bought back from customers, while the click-and-collect process sells only new items.
b. Online retailing does not allow customers to provide themselves with products without the intervention of a service employee, while the click-and-collect process allows customers to provide themselves with products.
c. Online retailing ensures greater speed of delivery, while the click-and-collect process takes longer to deliver a product.
d. Online retailing enables customers to have items directly delivered to their doors; whereas in the click-and-collect process, customers travel to a physical store location to take delivery of the merchandise.
ANSWER: d
Online retailing allows customers to shop over the Internet and have items delivered directly to their doors. In contrast, click-and-collect enables customers to buy items online and drive to a physical store location to take delivery of the merchandise.
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(a) eCash and PayPal. (b) eCash and Tradesafe. (c) PayPal and Tradesafe. (d) eCash, PayPal and Tradesafe.
The process of transferring money from one bank account to another and improperly recording the transaction is referred to as
A) kiting. B) lapping. C) scamming. D) embezzling.