What Is the Main Purpose of a Corporate Website

question 35

Multiple Choice

What is the main purpose of a corporate website?

• A)to sell the company's products directly
• B)to build customer goodwill,collect customer feedback,and supplement other sales channels
• C)to show a catalogue and give shopping tips
• D)to give out coupons and tell about sales events or contests
• E)to point out and explain competitors' weaknesses

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Definitions:

Separate Entity Assumption

An accounting principle that treats a company as an independent entity separate from its owners for reporting purposes.

Noncurrent Asset

A noncurrent asset is a long-term investment or property that a company does not expect to convert into cash within one year.

Investing Cash Flow

Investing cash flow refers to the cash inflows and outflows associated with the purchase and sale of long-term investments and capital assets.