Employing the Internet to Make Products and Services Available for Consumption

question 60

Multiple Choice

Employing the Internet to make products and services available for consumption or use by consumers or organizational buyers is referred to as __________.

• A)electronic distribution channels
• B)virtual marketing channels
• C)World Wide Web networks
• D)Internet marketing channels
• E)Web 3.0 marketing channels

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Definitions:

Fair Value

Fair value is an estimate of the price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.

Share Capital

The funds that a company raises by issuing shares of stock, representing ownership in the company.

Retained Earnings

Refers to the portion of net earnings not distributed as dividends to shareholders but retained by the company to be reinvested in its core business or to pay debt.

Business Combination Valuation Reserve

A reserve set up during the accounting for a business merger or acquisition, accounting for differences in asset valuations and liabilities assumed.