Which of the Following Best Describes the Early Years of E-Commerce

question 30

Multiple Choice

Which of the following best describes the early years of e-commerce?

• A) They were a technological success but a mixed business success.
• B) They were a technological success but a business failure.
• C) They were a technological failure but a business success.
• D) They were a mixed technological and business success.

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Definitions:

Direct Materials

The raw materials that are directly used in the manufacturing of a product, which can be directly traced to the product itself.

Direct Labour

The wages and related benefits for workers who are directly involved in the manufacturing or production of goods.

Variable Manufacturing Overhead

Variable manufacturing overhead includes costs that fluctuate with production volume, such as utilities and materials used in the production process that are not directly tied to specific units produced.

Fixed Manufacturing Overhead

The consistent, non-variable costs associated with manufacturing, regardless of the production volume.