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E-commerce
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Why?
Drop shipping
What is the significance of China in dropshipping?
China is not significant in dropshipping
China is significant in dropshipping because it has a large population
China is significant in dropshipping because it produces a wide range of cost-effective products and has a well-established shipping infrastructure
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Why?
Drop shipping
What are the drawbacks of dropshipping?
Higher profit margins, more control over product quality, and no risk of shipping delays
Lower profit margins, less control over product quality, and an increased risk of shipping delays or supply chain issues
Higher profit margins, less control over product quality, and no risk of shipping delays
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Why?
Drop shipping
What is drop shipping?
A form of retail business where the seller keeps stock on hand
A form of retail business where the seller transfers orders to the customer
A form of retail business where the seller transfers orders to a third party who ships the goods directly to the customer
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Why?
E-commerce
What is the estimated value of China's e-commerce market in 2016?
US$899 million
US$899 billion
US$899 trillion
US$899 quadrillion
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Why?
E-commerce
What are the three areas of e-commerce?
Online shopping, online advertising, and online auctions
Online retailing, electronic markets, and online auctions
Online banking, online retailing, and online auctions
Online retailing, online auctions, and online gaming
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Why?
E-commerce
What is the largest sector of the electronics industry?
Semiconductor industry
Automated data collection systems
Inventory management systems
Electronic funds transfer
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