NEHunt sells artifacts from small handicraft shops around the world. It provides a medium to sell various products with a secure payment system. It showcases products from the small handicraft stores and creates an attractive audience for new and innovative products. Which of the following statements is true of NEHunt in this scenario?

a. It sells differentiated products from a standardized platform.
b. It sells identical products in the same way all over the world.
c. All aspects of its operations including sales are centralized.
d. Integration is not limited to a particular value chain segment or a sales division.

Question

24-11-2021
Business

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NEHunt sells artifacts from small handicraft shops around the world. It provides a medium to sell various products with a secure payment system. It showcases products from the small handicraft stores and creates an attractive audience for new and innovative products. Which of the following statements is true of NEHunt in this scenario?

a. It sells differentiated products from a standardized platform.
b. It sells identical products in the same way all over the world.
c. All aspects of its operations including sales are centralized.
d. Integration is not limited to a particular value chain segment or a sales division.

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Baraq Baraq · Answer 1 · 2021-12-07T13:35:17+01:00

Considering the situation described above, the statement that is true of NEHunt in this scenario is that "It sells differentiated products from a standardized platform."

This is because differentiated products are products that make a brand stands outs from the competition.

A standardized platform is a platform in which one vendor sells various products.

Therefore, given that NEHunt sells various products with a secure payment system, this is an example of a vendor selling differentiated products from a standardized platform.

Hence, in this case, it is concluded that the correct answer is option A.

Learn more about the differentiated products here: https://brainly.com/question/12608806