According to the Text,which of the Following BEST Describes On-Line

question 77

Multiple Choice

According to the text,which of the following BEST describes on-line B2B exchanges?

• A) They account for less than 10 percent of business purchasing.
• B) They continue to grow in popularity.
• C) They account for over 70 percent of business purchasing.
• D) They are not catching on because businesses don't know about them.

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Definitions:

Present Value Terms

The current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Oil Reserve

An estimate of the amount of crude oil located in a particular economic region with the potential of being extracted and exploited.

Profit Per Barrel

The amount of financial gain realized from the sale of one barrel of a commodity, often used in the context of oil production.