The Five Types of E-Commerce Are Business-To-Business,business-To-Employee,business-To-Customer,peer-To-Peer,and Peer-To-Customer

question 126

True/False

The five types of e-commerce are business-to-business,business-to-employee,business-to-customer,peer-to-peer,and peer-to-customer.

Understand the concepts of opportunity, fixed, variable, and step-variable costs and how they behave.

Identify the cost behavior in terms of variable and fixed costs and the impact of activity level changes on these costs.

Delineate the concepts of committed fixed costs and the relevant range for cost behavior analysis.

Analyze and classify costs into variable and fixed based on an account analysis.

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Definitions:

Legal Standards

Established principles and criteria in the legal system that guide the conduct of legal cases and the administration of justice.

Regulatory Flexibility Act

A U.S. law that aims to minimize the impact of regulations on small businesses and other small entities by requiring federal agencies to consider less burdensome alternatives.

Small Businesses

Enterprises characterized by a small number of employees, limited revenue, and size within their industry.

Less Burdensome Alternatives

Options or solutions that demand less effort, costs, or restrictions while achieving a similar outcome.