Asked by Mikayla Pearson on Jun 16, 2024

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Verified

Which of the following is true of negative reviews and ratings on retail websites?

A) Gives consumers information needed to assess risk.
B) Minimizes perceived performance and financial risk associated with purchases.
C) Enhances credibility and removes the fear of 'too good to be true'
D) Gives retailers valuable information on products that should be improved or discontinued.
E) All of the above.

Negative Reviews

Critical or unfavorable customer feedback about a product or service, typically published on review websites or social media platforms.

Retail Websites

Online platforms where goods and services are sold directly to consumers, encompassing a wide range of e-commerce sites.

Perceived Performance

An individual's perception of how well a product or service meets their expectations and needs.

  • Analyze the impact of negative reviews and ratings on consumer perception and brand credibility.
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Verified Answer

LA
Linda Arriola

Jun 17, 2024

Final Answer :
E
Explanation :
Negative reviews and ratings on retail websites serve multiple purposes: they provide consumers with information needed to assess the risk of a purchase, minimize perceived performance and financial risk by setting realistic expectations, enhance the credibility of the website by showing a range of opinions and removing the fear of 'too good to be true', and give retailers valuable feedback on products that may need improvement or discontinuation.