What is m-commerce, and how is it different from e-commerce?
What will be an ideal response?
The mobile channel (also called mobile retailing, mobile commerce, or m-commerce), involves accessing the Internet using a smartphone, and Internet retailing involves retailers interacting with consumers via the Internet, whether they use a traditional computer or a laptop, a variety of sizes of tablets, or a smartphone. The channel that involves accessing the Internet through a traditional computer is the electronic channel (also called e-commerce).
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Which accounting convention requires a note to the financial statements explaining the company's method of revenue recognition?
A) Comparability and consistency B) Materiality C) Conservatism D) Full disclosure
Profitability increases as a business gains share relative to competitors in its ________
A) higher market B) direct market C) secondary market D) served market E) valued market
The ratio of net sales to assets measures how effectively a business is using its assets to generate sales
Indicate whether the statement is true or false
In exclusive distribution, a manufacturer tries to have a product available in every outlet where potential consumers might want to buy it
Indicate whether the statement is true or false a. True b. False