Which of the Following Enables People,both Networks of Buyers and Sellers,to

question 75

Multiple Choice

Which of the following enables people,both networks of buyers and sellers,to participate actively in the marketing and selling of products and services in online marketplaces and communities?

• A)E-commerce.
• B)Social commerce.
• C)Online shopping.
• D)Social shopping.
• E)None of these.

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Definitions:

Fixed Manufacturing Overhead

The sum of all the production costs that are not directly linked to the volume of production, such as salaries of managers and depreciation of equipment.

Absorption Costing

A method of costing that includes all manufacturing costs—both fixed and variable—in the cost of a product.

Break-Even

The financial point at which revenues exactly cover all costs, both fixed and variable, representing no profit or loss situation with different wording.

Sales Dollars

The total monetary value of sales within a specific time period.