Which of the Following Is One of the Main Sectors

question 41

Multiple Choice

Which of the following is one of the main sectors of ecommerce?

• A) C2C (consumer-to-consumer)
• B) B2C (business-to-consumer)
• C) C2B (consumer-to-business)
• D) BPM (business process model)

Understand the principles and benefits of Just-In-Time (JIT) systems in inventory management.

Grasp the importance of collaborative relationships with suppliers in strategic cost management.

Explain the impact of e-commerce on business process and accounting system design.

Define core customer measures and their relevance to business strategy and performance evaluation.

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Definitions:

Materials A

A designation for a group of raw materials or components used in the manufacturing process of a product.

Pounds

A unit of weight commonly used in the United Kingdom and other countries that are part of the Imperial system; also refers to the British currency (GBP).

Sales Revenue

The total amount of money generated from selling goods or services before any expenses are deducted.

Sales Commissions

A portion of sales revenue that is paid to sales employees or agents as a reward for the sales they make.