How Has the Use of the Internet Reduced "Menu Costs

question 48

Multiple Choice

How has the use of the Internet reduced "menu costs?'

• A) by making it easy to adjust product prices
• B) by creating mall replicas
• C) by extending the life of fixed assets
• D) by creating keystoned revenues
• E) by maintaining real-time inventories

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Definitions:

Management

The process of directing and controlling resources and activities to achieve specific goals.

Educational Software

Computer applications designed specifically to assist with teaching and learning. They include a wide range of academic subjects and skills.

Unlimited Liability

A legal condition where a business owner or partner can be held personally responsible for the debts and obligations of the business without any limit.

Limited Partner

An investor in a partnership who is not involved in the day-to-day operations and whose liability is restricted to the amount of their investment.