All of the Following Are True About Collaborative Commerce Systems

question 67

Multiple Choice

All of the following are true about collaborative commerce systems except:

• A) They involve a move from a transaction focus to a relationship focus.
• B) They may include both customers and suppliers.
• C) They are open, competitive marketplaces.
• D) They typically include a central data repository.

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Definitions:

Operating Income

The income generated from the primary activities of a business, not including the expenses from interest and taxes.

Intra-Entity Transfers

Transactions of assets, services, or funds within the same legal entity.

Accrual-Based Net Income

Net income calculated using the accrual method of accounting, which records revenue when earned and expenses when incurred, regardless of cash flow.

Upstream Intra-Entity Profits

Profits earned from transactions between a parent company and its subsidiary, where the subsidiary sells goods or services to the parent.