A Company Can Reduce Its Costs Using Ebusiness to Change

question 30

Multiple Choice

A company can reduce its costs using ebusiness to change its business processes.Which of the following represents an example of a company reducing its costs through ebusiness?

• A)Creating an online travel reservation.
• B)Ordering a product online.
• C)Purchasing a book online and picking it up in the store.
• D)Researching products to find the lowest price and visiting the store to purchase the item.

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Definitions:

Cash Registers

Electronic or mechanical devices used to calculate and record sales transactions, and to store cash for daily business operations.

Internal Control

Methods and protocols established by an enterprise to protect the veracity of its financial and accounting reports, support ethical conduct, and prevent malfeasance.

Electronic Funds Transfer

Electronic Funds Transfer (EFT) is the digital transfer of money from one bank account to another, either within the same financial institution or across different institutions.

Disbursement System

The system and processes involved in paying out money from an organization or fund.