In Order to Be Successful with Web-Based On-Line Shopping,companies Must

question 45

Multiple Choice

In order to be successful with Web-based on-line shopping,companies must do all except which of the following?

• A)manage distribution centers and warehouses
• B)operate fleets of trucks
• C)maintain adequate inventories of products
• D)promise same-day delivery
• E)schedule deliveries

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually derived from profits.

Outstanding Voting Common Stock

The shares of a company held by shareholders that are entitled to vote and are not held by the company itself.

Amortization

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets.

Inventory Costing

An accounting method used to value inventory, commonly involving First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or weighted average cost methods.