Consumer Reports is a magazine that tests consumer products in its labs and disseminates information on the results so consumers can compare brands. Hence, Consumer Reports is an example of a(n)________.
A)e-marketplace
B)virtual market
C)infomediary
D)intranet

Question

Quizplus · Accepted Answer

Consumer Reports is an example of an infomediary, as it acts as an intermediary between consumers and product information. It provides unbiased reviews and comparisons of various brands, helping consumers make informed purchasing decisions. It is not an e-marketplace or virtual market as it does not facilitate transactions between buyers and sellers, and it is not an intranet as it is available to the general public, not just a specific organization's employees.

Consumer Reports Is a Magazine That Tests Consumer Products in Its