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Location-Based Commerce (L-Commerce)refers to the Delivery of Advertisements,products,or Services to Customers

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Location-based commerce (l-commerce)refers to the delivery of advertisements,products,or services to customers whose locations can be identified at a given time.L-commerce is beneficial to both consumers and businesses.


Definitions:

Capital Assets

Long-term assets acquired for business use and not expected to be converted to cash in the coming year, typically including buildings, machinery, and equipment.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Subsidiary

An entity that is controlled by another entity (known as the parent company).

Shares

units of ownership interest in a corporation or financial asset, providing a portion of the profits to shareholders as dividends.

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