Because of the Internet,barriers to Personal and Business Success Are

question 83

Multiple Choice

Because of the Internet,barriers to personal and business success are

• A)acting like glass walls.
• B)lower.
• C)being built.
• D)significantly enhanced.
• E)being eliminated.

---

Definitions:

Efficiency and Effectiveness

Terms that relate to the extent to which objectives are achieved (effectiveness) and the relation between the output and the resources used to produce it (efficiency).

Retail Method

An accounting practice used in the retail industry to estimate inventory costs based on the retail price.

Merchandise Inventory

Goods available for sale, valued at the lower of cost or market price, on a company's balance sheet.

Estimated Cost

A projection or approximation of the cost associated with manufacturing a product or completing a project.