The Process in Which Businesses Sell to Consumers Is Referred

question 127

Multiple Choice

The process in which businesses sell to consumers is referred to as:

• A)C2C marketing.
• B)C2B marketing.
• C)B2B marketing.
• D)B2C marketing.
• E)D2R marketing.

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Definitions:

Land Purchase

The acquisition of land, an asset, for the purposes of business operation, investment, or development.

Straight-Line Method

A method of calculating depreciation of an asset, where the cost is evenly spread over its useful life.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not coincide with the calendar year.

Straight-Line Depreciation

A way of assigning the cost of a concrete asset over its operational life in homogeneous yearly amounts.