ObjectiveMcq
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An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:
Correct Answer: A — Dropshipping Model
Explanation:
In dropshipping, the seller controls the storefront and pricing but does not keep inventory. Customer order and shipment details are passed to a third-party supplier. The supplier ships the product directly to the buyer, which matches the description exactly.