Web-Based Businesses That Provide Customers with the Ability to List

question 11

Multiple Choice

Web-based businesses that provide customers with the ability to list products for potential buyers are called

• A) Internet auction sites.
• B) B2B sites.
• C) B2C sites.
• D) C2B sites.

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Definitions:

Monthly Depreciation

The portion of the cost of an asset allocated as an expense over each month of its useful life.

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

Administrative Expense Budget

A forecast of future administrative costs, including expenses related to management, general office functions, and other non-production costs.

Selling Expense

Costs associated with the distribution, marketing, and sale of a product or service, including advertising, sales commissions, and retail space rental.