Critical Thinking Questions Case 2-1 You Are Taking an Economics

question 63

Multiple Choice

Critical Thinking Questions Case 2-1 You are taking an economics class, as part of which you are studying the various types of e-commerce. As part of your research, you have learned that vending machines in Japan allow shoppers to hold their cell phones in front of the machine in order to make a purchase using the smartphone. Which of the following types of commerce does this exemplify?

• A) C2C
• B) B2B
• C) m-commerce
• D) C2B

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Definitions:

Long-term Debt

Debt obligations that are due for repayment in more than one year, often used by businesses to finance operations or acquisitions.

Financial Ratios

Relationships determined from a firm’s financial information and used for comparison purposes.

Prior Time Periods

Refers to specific durations or intervals in the past used for analysis or comparison.

Peer Group

A set of individuals or entities that share similar characteristics or interests, often used as a benchmark or point of comparison.