Contrary to predictions of analysts made during the early days of e-commerce, the Internet has led to both disintermediation and hypermediation on a widespread basis.

Answer the following statement true (T) or false (F)


False

Business

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Rosewood Corporation produces a single product. The following cost structure applied to its first year of operations: Variable costs: SG&A $2 per unit Production $4 per unit Fixed costs (total cost incurred for the year): SG&A $14,000 Production $20,000 Refer to Rosewood Corporation. Assume for this question only that during the current year Rosewood Corporation manufactured 5,000 units and sold

3,800 . There was no beginning or ending work-in-process inventory. How much larger or smaller would Rosewood Corporation's income be if it uses absorption rather than variable costing? a. The absorption costing income would be $6,000 larger. b. The absorption costing income would be $6,000 smaller. c. The absorption costing income would be $4,800 larger. d. The absorption costing income would be $4,000 smaller.

Business

Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."As proof statements of the superiority of Clearwater Hampers, Austin should most likely use:

A. Clearwater's website. B. the SELL sequence. C. free sample hampers. D. dramatizations. E. customer testimonials.

Business

The two forms of supply chain assets are

A) capacity and inventory. B) capacity and revenue. C) inventory and revenue. D) inventory and warehouse space.

Business

Sundown, Inc., purchases a term life insurance plan only for its corporate officers. Harold receives $250,000 of insurance at a cost to the company of $3,500. The IRS Table of Premium Values indicates that premiums are $1.08 annually per $1,000 of protection. How much gross income does Harold have from the purchase of the life insurance by Sundown, Inc.?

A. $216 B. $270 C. $2,800 D. $3,500 E. $5,000

Business