Many Firms Now Use E-Mail and the Internet to Promote

question 96

Multiple Choice

Many firms now use e-mail and the Internet to promote their products instead of sending promotional literature to current and prospective customers through the mail.UPS and FedEx continue to grow,offering both overnight and ground package delivery services.As a result,the U.S.Postal Service (USPS) has lost millions of customers and billions in revenue.The USPS has challenges ahead in coping with ________ forces in the marketplace.

• A)economic
• B)competitive
• C)legal
• D)social
• E)technological

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Definitions:

Retirement

The period in life when an individual stops working on a full-time basis, typically supported by savings, pensions, or retirement plans.

Note Amortization Table

A schedule detailing each payment on an amortizing loan, including amounts allocated for principal and interest over a specified period.

Annual End-of-year Payments

Payments made at the end of each fiscal year, often referring to dividends, bonuses, or installment payments due.

Journal Entries

These are recordings of financial transactions in the accounting books, documenting the debit and credit accounts affected by each transaction.