What Do We Call Associations of People, Scattered Across the Country

question 92

Multiple Choice

What do we call associations of people, scattered across the country or the world, who are able to communicate via the computer about some common interest?

• A) global communities
• B) virtual communities
• C) computer-mediated communities
• D) the Internet

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Definitions:

Total Variable Cost

Charges that fluctuate in direct relation to the volume of production or output.

Merchandising Company

A Merchandising Company is a business that purchases finished products and sells them at a profit, without altering the products themselves.

Cost Structure

The composition of a company’s costs, including fixed and variable costs, which impacts its profitability and pricing strategy.

Variable

A variable is an element, feature, or factor that is liable to vary or change; in business, it often refers to costs that fluctuate with the level of production or sales.