An Extranet That Links a Large Firm to Its Suppliers

question 25

Multiple Choice

An extranet that links a large firm to its suppliers and other key business partners is called a(n)

• A) e-hub.
• B) marketspace.
• C) exchange.
• D) private industrial network.

Distinguish between tangible and intangible products.

Grasp the economic issues of supply and demand, including understanding limited resources.

Comprehend the concept of profit as the primary goal of business and its societal implications.

Identify the role and importance of stakeholders in an organization’s success.

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Definitions:

NYSE

The New York Stock Exchange, one of the largest stock exchanges in the world, where stocks of public companies are bought and sold.

NASD

Was a self-regulatory organization for the U.S. securities industry, responsible for regulatory oversight, which is now part of FINRA (Financial Industry Regulatory Authority).

NASDAQ

The National Association of Securities Dealers Automated Quotations, an American stock exchange known for its high concentration of technology companies.

FDIC

The Federal Deposit Insurance Corporation, a United States government agency that provides deposit insurance to depositors in US banks.