Community Investment Focuses on the Creation of Economic Opportunities for Business

question 21

True/False

Community investment focuses on the creation of economic opportunities for business through engagement in traditional areas of philanthropy and volunteerism.

---

Definitions:

M-commerce

Mobile commerce, or the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets.

Smartphone

A mobile phone that incorporates advanced features like internet access, email capability, and the ability to run software applications.

Purchases

Transactions where buyers acquire goods or services from sellers in exchange for money or other compensation.

Share Of Wallet

The proportion of a customer's total spending that is captured by a business, indicating the customer's loyalty and the effectiveness of the company's marketing.