What types of business processes are well suited to electronic commerce?
The following business processes are well suited to electronic commerce:
Sale/purchase of books and CDs, sale/purchase of goods that have strong brand reputations, online delivery of software and digital content, sale/purchase of travel services, online shipment tracking, and sale/purchase of investment and insurance products.
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The journal entry a company uses to record fully funded pension rights for its salaried employees at the end of theyear is
a. debit Salary Expense; credit Cash b. debit Pension Expense; credit Unfunded Pension Liability c. debit Pension Expense; credit Unfunded Pension Liability and Cash d. debit Pension Expense; credit Cash
Frank is a salesperson of Richard Laundry Equipment. He wants to give a presentation to a five star hotel for setting up an in-house laundry system. The hotel manager sent Frank the hotel's requirements and space constraints for a laundry system. Frank prepared a layout which suited the hotel's requirements. Frank has to select an approach for his allotted ten minute presentation. What advice can you give to Frank?
A. Open with a demonstration to convince the prospect. B. Use the curiosity approach to generate interest. C. Use the product approach to make the prospect aware of discounts. D. Use customer benefit statements due to the time allotment. E. Open with the premium approach as the prospect is a five star hotel.
E-mail is the most popular way to exchange information in organizations.
Answer the following statement true (T) or false (F)
A recent survey collected data from 1000 randomly selected Internet users. The characteristics of the users include their gender, age, education, marital status, and annual income. Using Excel®, the following pivot tables are produced
?
Approximate the percentage of these Internet users who are married with formal education beyond high school.