Refer to IT's About Business 8

question 63

Multiple Choice

Refer to IT's About Business 8.3 - Location-Based Services at Shopping Malls: Which of the following statements is false?

• A) The mall industry expects these services will prevent malls from losing shoppers to online retailers.
• B) A current mall app helps shoppers remember where they parked.
• C) Some current mall apps offer reward points.
• D) A mall app can be a loyalty program.
• E) A mall app can offer coupons based on shoppers location within the mall.

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Definitions:

Future Cash Flows

Predicted income or expenses expected to be generated or incurred in the future.

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.

Effective Annual Costs

The true cost of borrowing on an annual basis, including any fees or additional costs associated with the transaction.

Net Present Value

Net Present Value (NPV) is a financial metric used in capital budgeting to analyze the profitability of an investment or project, calculated by discounting all cash flows to the present value.