In the ________ Wave of E-Commerce,nine New Industries Are Facing

question 131

Short Answer

In the ________ wave of e-commerce,nine new industries are facing a similar transformation scenario: advertising,telephones,movies,television,jewelry,real estate,hotels,bill payments,and software.

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Definitions:

Variable Costs

Expenses that directly fluctuate in relation to the amount of goods produced or the volume of sales.

Total Fixed Cost

The sum of all costs that do not change with the level of output or sales in the short term, such as rent and salaries.

Activity Bases

Metrics used to allocate costs based on various activities or drivers that cause costs to be incurred.

Food Costs

The total cost incurred by a business to produce the food items it sells.