Examlex
The text cites three different strategies through which online retailing can be particularly effective. Define each and give an example of a real-life Website that uses each strategy.
Vulnerabilities
Weaknesses or flaws in a system that can be exploited by threats to gain unauthorized access or cause harm.
Bank Reconciliation
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information in a bank statement.
Bank Service Charge
Fees charged by banks for maintaining accounts, handling transactions, or providing other services to customers.
Bank Statement Adjustment
A correction made to a bank statement balance to account for discrepancies between the bank's and the company's records.
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