Question

New e-commerce businesses, including companies like eBay, focus on voluntary exchange. Which generalization BEST describes this type of commerce?

A) Decentralized decision-making requires a large bureaucracy.


B) Centralized decision-making produces dramatic economic output.


C) Centralized decision-making results in buyers and sellers freely engaging in commerce.


D) Decentralized decision-making results in buyers and sellers freely engaging in commerce.

Answer 1

for USAtestprep, the answer is D. PLEASE RATE AND THANK!

Answer 2

I believe the answer is: D. Decentralized decision-making results in buyers and sellers really engaging in commerce

Decentralized decision making refers to a decision making process which started from the group or individuals in high authority and distributed to the rest of the group. The decision that is made with this process tend to be made in order to address the demand of the buyers.