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question 106

Multiple Choice

_{89. A company has built a(n) that will automate its purchasing transactions and other e-commerce activities with}
Its small­ to mid­size suppliers. It will provide thousands of the company's suppliers with secure access to critical
Rading partner information and will facilitate trading partner automation.

• A) extranet
• B) virtual portal
• C) Web service
• D) corporate portal
• E) secure logic system (SLS)

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Definitions:

Total Utility

The total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods and services.

Marginal Utility

The change in total satisfaction or pleasure derived from consuming one more unit of a good or service.

Total Utility

The overall satisfaction or benefit a customer receives from consuming a particular good or service.

Marginal Utility

The increased happiness or usefulness gained by consuming an additional unit of a good or service.