As Technology Continues to Offer More Different Methods for Shopping

question 77

Multiple Choice

As technology continues to offer more different methods for shopping on the Internet,manufacturers and traditional retailers are finding themselves in direct competition with each other.In this case,unless marketing managers understand _____,manufacturers and retailers cannot intelligently plan for the future.

• A) their competitors' strategies
• B) the economic conditions which influence the growth of technology
• C) how consumers are assimilating new technology
• D) changing social attitudes towards technology
• E) all of these

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Definitions:

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, meaning they are not personally responsible for the debts of the business.

Closing Entry

A journal entry made at the end of an accounting period to transfer the balance from temporary accounts to permanent ones, prepping the books for the next period.

Withdrawn

Refers to the act of removing funds from an account or canceling a financial transaction or operation.

Salaries

Regular payments made to employees for their service during a set period, not depending on hours worked.