The Early Years of E-Commerce Were Driven by All of the Following

question 41

Multiple Choice

The early years of e-commerce were driven by all of the following factors except:

• A)an emphasis on exploiting traditional distribution channels.
• B)a huge infusion of venture capital funds.
• C)an emphasis on quickly achieving a very high market visibility.
• D)visions of profiting from new technology.

---

Definitions:

Beginning Work in Process

The inventory of partially finished goods or work in progress at the start of an accounting period.

Units Transferred Out

In process costing, the total units moved from one production process or department to the next during a given period.

Units Started

This term measures the quantity of production units a manufacturing process initiates in a given period, marking the beginning stages of the production cycle.

Conversion Costs

Costs incurred to convert raw materials into finished products, usually comprising direct labor and manufacturing overhead.