Pace Hardware Uses Learningnow

question 166

Short Answer

Pace Hardware uses Learningnow.com to improve sales force effectiveness and facilitate sharing of expertise.It allows Pace retailers to link with other Pace retailers to ask for managerial and marketing advice.It also allows Pace retailers to ask their suppliers about product usage, deliveries, and warranties, and it allows suppliers to send new-product information directly to Pace retailers.In this scenario, Pace Hardware is using a(n) ________.
extranet
intranet
search engine
trading exchange
reverse auction

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Definitions:

Equity

The value of the shares issued by a company, representing the ownership interest in the company's assets after liabilities are subtracted.

Accounts Payable

The short-term liabilities or obligations a company owes to its suppliers or creditors for goods and services received.

Stockholders' Equity

The ownership interest of shareholders in the assets of a corporation, calculated as total assets minus total liabilities.

Accounts Payable

Amounts a company owes to suppliers or creditors for goods and services received but not yet paid for, recorded as a liability.