What Impact Could the Internet Have on the Distribution Channel

question 44

Essay

What impact could the internet have on the distribution channel for the lady in rural Australia or New Zealand who makes handmade dolls that currently are only sold at local craft shows?

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Definitions:

Debit Column

The side of an accounting ledger where increases in assets, expenses, and withdrawals are recorded.

Credit Column

is a section in financial statements or ledgers where increases in liability, equity, and revenue accounts or decreases in asset and expense accounts are recorded.

Drawing Account

An account that tracks amounts withdrawn from a business by its owners for personal use, which reduces the owner's equity.

Capital Account

An account on a nation's balance of payments that records all transactions related to asset changes, including investments and loans.