E-Commerce Enablers Help Small and Medium-Sized Companies to Go Global

question 77

True/False

E-commerce enablers help small and medium-sized companies to go global without the internal capabilities to carry out global e-commerce functions.

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Definitions:

SUTA

State Unemployment Tax Act; a tax paid by employers at a state level to fund unemployment benefits for workers who lose their jobs.

FUTA

The Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.

Wages Expense

The total cost incurred by a company for the payment of wages to employees during a specific period.

FICA Tax Rate

The percentage of income that is taken as tax to fund Social Security and Medicare, paid equally by employees and employers.