Critical Thinking Questions Case 7-2 Now That Your New E-Commerce

question 36

Multiple Choice

Critical Thinking Questions Case 7-2 Now that your new e-commerce site is published to a live server, you are ready to direct your Web development and marketing teams to maintain and promote the site. During this morning's meeting with your Web development team, you ask the team's manager how the team will know if the site's features are working correctly and the content is up to date. The team manager responds that ____.

• A) there is no need to worry; Web site visitors will provide that feedback
• B) the Web development team has scheduled a meeting for next summer to review the site
• C) a schedule has been developed for site features to be tested and site content to be reviewed on a regular basis
• D) the site was developed following the original design plan; therefore, all features will work correctly and the content will remain static

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Definitions:

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price within a certain period.

Exercise Value

The value of an option if it were exercised immediately, typically the difference between the underlying asset's market price and the option's strike price.

Time Value

The concept that money available in the present is worth more than the same amount in the future due to its potential earning capacity.

Market Value

The ongoing price for buying or selling a service or asset on the open market.