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

question 72

True/False

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.

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Definitions:

Cost Object

A cost object is any item for which costs are separately measured and tracked, such as products, projects, or departments.

Denominator Volume

The activity level used to allocate fixed costs to products or services, affecting the calculation of unit costs.

Budgeted Capacity

The amount of production or activity level planned for a future period, based on budget allocations.

Practical Capacity

The maximum amount of work or output that can be realistically achieved in a specific period under normal operating conditions.