The platform, referred to as ________, is created to connect buyers and sellers in an industry.

A. cloud computing
B. e-commerce
C. mainframe networking
D. business-to-business marketplace
E. business-to-customer commerce


Answer: D

Business

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If interest rates in the U.K. are higher than those in the United States, then the pound shows a forward discount, which means the forward rate is less than the spot rate.

a. True b. False

Business

______ values are the explicitly stated values and norms preferred by an organization.   

A. Espoused B. Inherent C. Enacted D. Expressed E. Internalized

Business

In distinguishing between revenues and gains, which of the following statements is false?

A) More gains than revenues are beyond the entity's control. B) Gains are associated more with peripheral, nonoperating activities than are revenues. C) GAAP does not provide precise distinctions between revenues and gains. D) Revenues are reported net (rather than gross) more often than gains.

Business

Aries Travels is a company that offers holiday and travel packages. The company realizes that customer preferences vary and thus extensively customizes its packages. As there are not many competitors in the market in which Aries Travels operates, there are minimal pressures to reduce costs. Aries Travels is most likely to have adopted which of the following strategies?

A. Global standardization B. International C. Localization D. Transnational E. Harvest

Business