Priceline.com Is an Example of A(n)

question 10

Multiple Choice

Priceline.com is an example of a(n)

• A) cloud based storage service.
• B) ERP.
• C) electronic exchange.
• D) merchant company.
• E) price elasticity solution.

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Definitions:

Financial Advantage

The benefit gained in financial terms from an action or investment, often measured in terms of profits, savings, or enhanced value.

Making Part

The process involved in the creation or manufacturing of components that will be used in the assembly of a final product.

Purchasing Part

A component required in the production process or maintenance of equipment, acquired through the procurement process.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much contributes to covering fixed costs and generating profit.