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what type of information is typically communicated in the information flow from the store to the buyer? multiple choice question. sales information information to coordinate delivery profitability objectives an order for new merchandise

User Eriknelson
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Final answer:

The information flow from a store to a buyer typically involves sales information and details to coordinate delivery. To reassure buyers in the face of imperfect information, sellers can offer comprehensive product details, customer service, and transparent practices.

Step-by-step explanation:

The type of information typically communicated in the information flow from the store to the buyer encompasses details crucial for maintaining the relationship and ensuring transaction success. In the context of the given options, the core pieces of information relayed would include sales information, which informs the buyer about the performance of the products, and information to coordinate delivery, ensuring that the logistics are handled smoothly for the fulfillment of the purchase.

While profitability objectives and an order for new merchandise might also be communicated in certain contexts, these typically pertain to internal business strategies or are actions initiated by the buyer, respectively. For transactions to occur effectively in a marketplace, both sellers and buyers need full disclosure regarding the product's price and quality, which are essential for reaching market equilibrium.

When faced with imperfect information, a seller can use various strategies to reassure a buyer. Such reassurances can include providing comprehensive product descriptions, displaying customer reviews, offering warranties or return policies, the provision of accessible customer service, engaging in transparent pricing strategies, and making third-party certifications or ratings available.

These methods aim to bridge the gap caused by the lack of full information and foster a sense of trust between the buyer and seller, encouraging the buyer to proceed with the purchase despite potential uncertainties.

User Chiheb Nexus
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