Examlex
Travelocity.com provides almost immediate access to and confirmation of travel arrangements and accommodations.This shows how electronic commerce contributes to customer value through the creation of __________.
Discounting
The process of determining the present value of a payment or a stream of payments that is to be received in the future.
Compounding
The process whereby interest is added to the principal sum, so that from that moment on, the interest that has been added also earns interest.
Demand Curve
A graph representing the relationship between the price of a good and the quantity demanded, with price on the vertical axis and quantity on the horizontal axis.
Loanable Funds
The money available for borrowing in the financial markets, determined by savings and investments.
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