Which of the Following Features of E-Commerce Technology Changes Industry

question 70

Multiple Choice

Which of the following features of e-commerce technology changes industry structure by lowering barriers to entry but greatly expands the market at the same time?

• A) global reach
• B) richness
• C) interactivity
• D) personalization

Comprehend the legal entity status of societies and their separation from members.

Differentiate between partners' responsibilities to each other and to third parties.

Understand how partnership agreements can define partner roles, responsibilities, and the creation of different partner classes.

Distinguish between the roles and rights of disclosed and undisclosed principals in agency relationships.

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Definitions:

Sales Department

The division within a business focused on sales and customer acquisition strategies.

Step-Down Method

An accounting method used to allocate service department costs to producing departments in a sequential manner, based on a hierarchy of services provided.

Support Department

Units within an organization that provide essential services or assistance to the main production or operation departments but do not directly produce revenue.

Cost Allocation

The process of identifying, aggregating, and assigning costs to cost objects, such as products, departments, or projects.