The Growth of the Internet and Corporate _______________ and _______________

question 56

Short Answer

The growth of the Internet and corporate _______________ and _______________ prompted software companies to build Web interfaces and networking capabilities into ERP systems.

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Definitions:

Variable Costs

Expenses that fluctuate based on the amount of output or the level of activity in a business.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, highlighting the fixed versus variable costs of a business.

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.

Straight-Line Depreciation

A technique for distributing the expense of a physical asset evenly over its lifespan on an annual basis.