Identify a true statement about reintermediation with reference to e-tailing
A) It refers to the design of business models that reintroduce middlemen.
B) It refers to the design of business models that eliminate middlemen.
C) It provides ways for clients and firms to conduct business online without human assistance.
D) It provides ways for clients and firms to conduct business activities in a traditional manner by operating physical locations.
E) It enables access to Web sites linked to corporate databases in order to provide real-time access to personalized information.
A
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Which of the following correctly describes Just-in-Time (JIT) Management?
A) It is a production approach that maintains surplus goods at each stage of manufacture. B) It helps managers cut costs by speeding the transformation of raw materials into finished products. C) It is a cost management approach that focuses on maintaining large finished goods inventory levels. D) It is an inventory approach that stockpiles raw materials to protect against supply interruptions.
All of the following statements accurately describe the debt ratio except.
A. A relatively low ratio signifies lower risk. B. It is of use to both internal and external users of accounting information. C. Higher financial leverage means greater risk. D. The ratio is computed by dividing total equity by total liabilities. E. The ratio is computed by dividing total liabilities by total assets.
A firm's operating breakeven point is the level of sales necessary to cover all fixed operating costs
Indicate whether the statement is true or false
A check is dishonored if:
A) it is presented for payment directly to the payor/drawee bank for immediate payment, which is refused. B) a payor bank makes timely return of the check. C) the payor bank becomes accountable for the amount of the check but has not yet made payment. D) All of these.