If Sellers List Their Products on the Internet and If

question 12

Multiple Choice

If sellers list their products on the Internet and if customers who locate these products at the firm's Web site still have to use the telephone to order them:

• A) This is still considered to be an electronic marketing channel.
• B) It removes two steps from the electronic marketing channel.
• C) Then all the conditions for the definition of electronic marketing have not been met.
• D) Customers are considered electronically illiterate.
• E) Customers are being efficient in their ordering.

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Definitions:

Amortization

Amortization is the process of spreading out a loan into a series of fixed payments over time, or gradually writting off the initial cost of an intangible asset.

Discount on Bonds Payable

The difference when bonds are issued for less than their face value, representing an extra cost of borrowing to the issuer.

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Amortization

The process of spreading the cost of an intangible asset over its useful life.