When a Customer Makes a Purchase Over the Internet, the Only

question 48

True/False

When a customer makes a purchase over the internet, the only communication that is important is sending them a thank you and acknowledgment of the order.

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Definitions:

Proprietorships

The simplest form of business organization owned by a single person, responsible for all the business’s operations and liabilities.

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Net Investment

The total amount spent by a company or economy on capital assets, minus depreciation.

Fixed Investment

Expenditure on physical assets like buildings, machinery, and equipment by companies that will be used for more than a year.