The Term "M-Commerce" Is Used to Describe

question 35

Multiple Choice

The term "m-commerce" is used to describe:

• A) the use of Internet in commerce.
• B) the use of web.com in commerce.
• C) the use of credit cards in commerce.
• D) the use of money in commerce.
• E) the use of cell phones in commerce.

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Incremental Cost Approach

A method that analyzes the financial information relevant to a decision by focusing on the additional or incremental costs involved.

Discount Rate

The interest rate used in discounted cash flow analysis to calculate the present value of future cash flows.

Salvage Value

The estimated residual value of an asset after it has reached the end of its useful life.