The _____ of an Electronic Commerce Implementation Includes the Costs

question 2

Multiple Choice

The _____ of an electronic commerce implementation includes the costs of hardware, software, Internet connections, design work outsourced, salaries and benefits for employees involved in the project, and the cost of maintaining the site once it is operational.

• A) total cost of ownership
• B) change management cost
• C) top line cost
• D) opportunity cost

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, often referred to as shareholder’s equity or owners' equity.

Asset Turnover Ratio

A profitability ratio that measures how effectively a business is using its assets to generate sales, computed as sales divided by average total assets.

Long-Term Investments

Assets that a company intends to hold for more than a year, such as stocks, bonds, or real estate.

Fixed Assets

Long-term tangible assets used in the operation of a business and not expected to be converted into cash within one year, such as buildings, machinery, and equipment.