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Jupiter Shop Is an Online Store

question 90

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Jupiter Shop is an online store.Customers have to create an online account to purchase products.The purchased products are delivered free of cost.The address of delivery is stored,so that customers can choose the same address for future purchases.Jupiter Shop features seasonal discounts and exchange offers.It also accumulates redeemable points for regular shoppers.Which of the following statements describes the use of IS by Jupiter Shop to lock-in customers?


Definitions:

Yield

Yield is the income returned on an investment, such as the interest or dividends received from holding a particular security, expressed usually as a percentage of the investment's cost.

Buyer

An individual or entity that purchases goods or services from another for a price.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount every six months, affecting subsequent interest calculations.

Accrued Interest

Interest that has been earned but not yet paid or received.

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