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What Benefits of Social Commerce Do You Currently Enjoy? as Someone

question 46

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What benefits of social commerce do you currently enjoy? As someone about to enter the marketplace, how can social computing impact your future job prospects? How do businesses benefit from using social commerce? What risks do all businesses encounter in this social networking world?


Definitions:

Subsidiary Company

A company that is completely or partly owned and wholly controlled by another company, referred to as the parent company.

Inventory

An accounting term for goods and materials held by a company in stock with the intention of selling them or transforming them in the production process.

Consolidated Cost

The combined cost of an asset that includes the purchase price and all costs necessary to prepare the asset for its intended use, within a group of consolidated companies.

Cost Method

An accounting method used for investments, where the investment is recorded at cost and adjusted only for dividends received.

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