Creating a Website So That Customers Can Search for Information

question 148

Multiple Choice

Creating a website so that customers can search for information instead of calling the company's offices and speaking to a customer-service representative is an e-business strategy designed to increase profit by

• A) reducing revenues.
• B) reducing expenses.
• C) creating a new revenue stream.
• D) increasing revenues.
• E) creating more assets.

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Definitions:

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and other investments, as part of the company's investment strategy.

Net Cash

The total amount of cash and cash equivalents a company possesses after deducting all liabilities, often used to assess its financial health.

Financing Activities

Activities that result in changes in the size and composition of the equity capital or borrowings of a company.

Statement Of Cash Flows

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.