A Financial Incentive May Cause a Consumer to Switch to E-Commerce;

question 91

Multiple Choice

A financial incentive may cause a consumer to switch to e-commerce; a value-added incentive is designed to:

• A)change purchasing habits more permanently.
• B)create brand awareness.
• C)substitute payment plans.
• D)find new buyers.

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Definitions:

Revenues

The total amount of income generated from the sale of goods or services related to a company’s primary operations.

Expenses

The costs incurred in the process of generating revenue, typically categorized as operating or non-operating expenses.

Owner's Equity Statement

A financial document showing the changes in the value of a business owner's equity over a period of time.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific point in time, listing assets, liabilities, and shareholders' equity.