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"Because the Internet Has No Borders, It Is Useless for Firms

question 98

Essay

"Because the Internet has no borders, it is useless for firms offering goods and services over the Internet to use geographical segmentation." Discuss this statement.


Definitions:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.

Present Value

The current worth of a future sum of money or stream of cash flows, taking into account a specific rate of return.

Endowment

An investment fund established by a foundation that makes consistent withdrawals for charitable activities or to fund its operations, typically sourced from donations.

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of assets, typically expressed as an annual rate.

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