Internet-Enabled Software Permits the Practice of Delta Air Lines to Change

question 81

Multiple Choice

Internet-enabled software permits the practice of Delta Air Lines to change its prices in real time in response to supply and demand conditions. This describes one example of why consumers shop and buy online, which is

• A) convenience.
• B) choice.
• C) cost.
• D) customization.
• E) control.

Convert monthly interest rates into effective annual interest rates (EAR).

Calculate the present value of annuities and perpetuities.

Determine monthly deposit amounts needed to reach financial goals.

Apply the concept of continuous compounding to calculate future values.

---

Definitions:

Business Culture

Business culture encompasses the values, beliefs, behaviors, and practices that define the environment within a company and how it conducts its business.

Laws Enacted

Legislation that has been officially approved and implemented by a governing body.

Moral Philosophy

The branch of philosophy concerned with principles of right and wrong behavior, as well as the goodness or badness of human character.

Written Form

Information or agreements expressed in textual format, often legally binding.