Why Does Electronic Commerce Benefit Small Firms

question 65

Multiple Choice

Why does electronic commerce benefit small firms?

• A) Small firms are often "tech savvy", which allows them to embrace innovations more quickly.
• B) Large firms have complex business plans that fail to direct investment toward the Internet.
• C) Without e-commerce, small firms often lack the resources to expand beyond local markets.
• D) The government has committed significant resources to encourage small firms to go online.

Apply probability theory to real-world scenarios to analyze and solve problems.

Identify and utilize joint probability distributions in the analysis of two variables.

Distinguish between different types of distributions, including marginal, conditional, and joint probability distributions.

Understand the basic mechanisms and strategies for synthesizing organic compounds from simpler precursors.

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Definitions:

Drawer

In financial terms, the person who writes or issues a check, directing a bank to pay the stated amount from the drawer's account.

Discharged Liability

The release or elimination of a debtor's obligation to pay a debt, typically occurring through bankruptcy proceedings.

Imposter Rule

A legal principle in trademark law that prohibits the use of a mark or package that is deceptively similar to an established trademark, potentially misleading consumers.

Forgery Rule

A legal principle dealing with the falsification of documents or signatures and the legal implications thereof.