The Universal Technical Standards of the Internet and E-Commerce Greatly

question 77

Short Answer

The universal technical standards of the Internet and e-commerce greatly lower ________ costs,the cost merchants must pay simply to bring their goods to market.

---

Definitions:

Common Tools

Generic equipment or instruments used across various jobs or tasks, not specialized for any particular profession or activity.

Comparative Balance Sheet

Financial statements that present the financial position of a company at different points in time for comparison.

Common-Size Percentages

Financial analysis tool that converts income statement and balance sheet figures to percentages of a common base for comparison purposes.

Trend Percentages

An analysis technique that involves calculating the percentage change for a financial statement item over multiple periods to identify any patterns.