Compare Disruptive and Sustaining Technologies, and Explain How the Internet

question 8

Essay

Compare disruptive and sustaining technologies, and explain how the Internet and WWW caused business disruption.

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Definitions:

Expense

An outflow of money to another person or company to pay for an item or service, or for a cost required to operate a business.

Allowance for Doubtful Accounts

A contra-asset account that estimates the portion of accounts receivable which may not be collectible.

Adjusted

Changed or modified to reflect a more accurate valuation or account of a particular item or financial record.

Accounting Period

The span of time at the end of which a company or organization reports its financial performance and position; typically monthly, quarterly, or annually.