Commerce Creates Value By

question 62

Multiple Choice

Commerce creates value by:

• A)Transforming physically products
• B)Repositioning products in space
• C)Repositioning products in time
• D)Repositioning products in space and time

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Definitions:

Continuing Operations

Parts of a business expected to continue for the foreseeable future, exclusive of any segments that may be sold off or discontinued.

Audit

A systematic examination of books, accounts, documents, and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern.

Opinion

A belief or judgment formed about something, not necessarily based on fact or knowledge.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public; it involves practicing good citizenship through sustainable business operations and philanthropy.