Jeremy Is Planning on Launching a Website to Sell In-Home

question 51

True/False

Jeremy is planning on launching a website to sell in-home medical supplies for the elderly.He thinks his target market is generally uncertain about the Internet and using it to transact business.He should consider using the services of Scan Alert or VeriSign to ease customer concerns.

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Definitions:

Retire

To withdraw from one's position or occupation; to conclude one's working or professional career.

Present Value

Present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Discount Rate

The interest rate used to determine the present value of future cash flows in discounted cash flow analysis; also refers to the interest rate charged by central banks on loans to commercial banks.