It would be most appropriate to combine a judgment approach to forecasting with a quantitative approach by:
a. having a group of experts examine each historical data point to determine whether it should be included in the model.
b. developing a trend model to predict the outcomes of judgmental techniques in order to avoid the cost of employing the experts.
c. combining opinions about the quantitative models to form one forecasting approach.
d. adjusting a forecast up or down to compensate for specific events not included in the quantitative technique.
Answers
Answer: The most appropriate way to combine a judgment approach to forecasting with a quantitative approach is by adjusting a forecast up or down to compensate for specific events not included in the quantitative technique. This is option d.
Explanation: Option a is incorrect because it would be too time-consuming and expensive to have a group of experts examine each historical data point.
Option b is incorrect because developing a trend model to predict the outcomes of judgmental techniques would not be effective since judgmental techniques are based on subjective opinions rather than objective data.
Option c is incorrect because combining opinions about the quantitative models would not necessarily lead to a more accurate forecast.
Therefore, option d is the best way to combine a judgment approach to forecasting with a quantitative approach.
Hope this helps, and have a great day!
Related Questions
Which of the following activities is achieved within the domestic location of a firm? a. Offshoring b. FDI c. Captive sourcing d. Onshoring
Answers
Among the following activities, the one that is achieved within the domestic location of a firm is Onshoring.
What is Onshoring? Onshoring is the process of establishing a business, operation, or production in the home country of the business. It involves outsourcing a process or service to another company or organization in the same country.
When a company moves its operations from overseas back to its domestic location, it is referred to as onshoring. Benefits of onshoring Onshoring has several advantages for businesses. Some of them are:
Higher quality of products and services Stronger business relationships with domestic partners Better control and visibility over the manufacturing process Lower transportation costs Onshoring is beneficial for businesses in various ways.
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What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
Answers
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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Hughes Company has a credit balance of $5,000 in its Allowance for Doubtful Accounts before any adjustments are made at the end of the year. Based on review and aging of its accounts receivable at the end of the year, Hughes estimates that $60,000 of its receivables are uncollectible. The amount of bad debts expense which should be reported for the year is: a. $5,000. B. $55,000. C. $60,000. D. $65,000.
Answers
Answer:
B . $55,000
Explanation:.
Calculation for the amount of bad debts expense which should be reported for the year.
Using this formula
Bad Debts=Uncollectible receivables-Allowance for Doubtful Accounts
Let plug in the formula
Bad Debts=$60,000-$5,000
Bad Debts=$55,000
The amount of bad debts expense which should be reported for the year is:$55,000
You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce resource? Why is this the scarce resource? b. What are the two potential choices you had? c. What is the opportunity cost of the choice you made?
Answers
Answer:
[See Below]
Explanation:
* The scarce resource would be 10$.
- Why? Because it's limited.
* The two choices you had were an 8$ movie or an 8$ pizza.
* The opportunity cost was 8$ and having 2$ left.
If a country's capital account balance is zero, and its current account is in surplus, what does this imply?
O the country's imports equal its exports.
O the country's inbound foreign investment is higher than its outbound foreign investment.
the country's outbound foreign investment is higher than its inbound foreign investment.
O the country imports more than it exports.
O the country's total outward trade has decreased on average.
Answers
If a country's capital account balance is zero, and its current account is in surplus, this imply that the the country's imports equal its exports. The correct option is A.
A deficit in the capital account is balanced by a surplus in the current account. A nation with a current account surplus—one that exports commodities and services—and a capital account deficit—one that imports foreign financial assets. In contrast, a surplus in the capital account cancels out a deficit in the current account.
An economy that has a surplus is one that is a net creditor to the rest of the world. A current account surplus causes foreign assets to amass. A nation can buy assets all across the world, including bonds and investments that will provide income and dividends.
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why should a high-tech firm avoid selecting licensing as a mode of entry?
Answers
A high-tech firm may avoid selecting licensing as a mode of entry for several reasons as Limited Control, Competitive Risks etc.
Loss of Intellectual Property (IP): Licensing involves granting permission to another company to use the firm's IP or technology in exchange for royalties or fees. This can potentially result in the loss of control over proprietary technology, trade secrets, and valuable know-how. The firm may be concerned about protecting its competitive advantage and preventing unauthorized replication or misuse of its technology.Limited Control: When a firm licenses its technology to another company, it relinquishes direct control over the production, marketing, and distribution of its products or services in the foreign market. This can lead to challenges in maintaining quality standards, market positioning, and brand image.Competitive Risks: Licensing may involve sharing technological advancements with potential competitors in the foreign market. This can increase competition and erode the firm's market share or long-term profitability. Licensing may also result in the licensee gaining valuable knowledge and experience, enabling them to become strong competitors in the future.Limited Revenue Potential: While licensing can provide short-term financial benefits through licensing fees or royalties, it may limit the firm's revenue potential compared to other entry modes like direct investment or strategic partnerships. By relying on licensing, the firm may miss out on the opportunity to capture a larger share of the market and maximize profits.Lack of Strategic Control: Licensing may not align with the firm's strategic objectives and long-term goals. It may hinder the firm's ability to establish a strong market presence, build customer relationships, and adapt its offerings to meet local market demands effectively.Overall, a high-tech firm may avoid licensing as a mode of entry to retain control over its intellectual property, maintain strategic flexibility, minimize competitive risks, and maximize its long-term revenue potential in foreign markets.
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compared to consumption spending, investment historically has tended to be
Answers
Compared to consumption spending, investment historically has tended to be more variable.
The option (D) is correct.
Compared to consumer spending, investment historically would in general be more factor. Speculation is affected by different factors, for example, financial circumstances, business cycles, loan fees, financial backer feelings, and assumptions regarding future benefits. These elements can prompt changes in venture levels, making it more factor contrasted with customer spending, which is normally determined by continuous purchaser interest and is generally more steady.
In contrast, consumer spending is by and large viewed as more steady as it is driven by variables like family pay, socioeconomics, and purchaser inclinations, which will generally be less unstable than investment-related factors.
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This question is not complete, Here I am attaching the complete question:
Compared to consumption spending, investment historically has tended to be 31) ______
A) more stable.
B) stagnant.
C) greater.
D) more variable.
The higher the debt to equity ratio is for a company, the ______ the risk of bankruptcy is for that company.
Answers
Answer:
higher
Explanation:
Which part of the business plan identifies plans for pricing policies?
Pilihan jawaban
a. Self-analysis
b. Trading area analysis
c. Proposed marketing plan
d. Product description
Answers
The section of the company plan known as the proposed marketing plan details proposals for pricing policies.
What are the five components of a business plan?Business strategies fundamentally consist on these 5 bits of data. They consist of an overview of your company, a study of your industry's competition, a marketing strategy, a section on human resources (people requirements), and important financial data.
Where in the business plan does the price structure appear?The marketing portion of your business plan is where your pricing approach should be best articulated. You should explain the price you will charge customers for your good or service in this area, along with your justification.
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Which of these is an advantage of filing for Chapter 7 bankruptcy?
A) A lawyer is not needed.
B) Debts can usually be erased in about 6 months.
C All personal property can be kept during the process.
D) It is the best option for those with significant wealth.
Answers
Answer:
B) Debts can usually be erased in about 6 months.
A town passes a zoning ordinance preserving the architectural style of an area and requiring plantings in the parking strips. This is an example of ______.
Answers
By trying to preserve the architectural style of the area and the paintings, this is an example of Aesthetic zoning
What is Aesthetic zoning?
Tis is a type of zoning that is made to conform with architectural landscapes. The aim of this type of zoning is for the preservation of the aesthetics of the community.
This type of zoning is mostly done in those residential areas that are planned.
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_________ is the study of how money is managed by individuals, companies, and governments.a economics b budgeting c banking d finance e accounting
Answers
The study of how money is managed by individuals, companies, and governments is referred to as finance.
Finance encompasses various aspects such as investments, financial markets, financial planning, risk management, and financial analysis. Finance professionals use their knowledge of finance to help individuals and organizations make informed financial decisions, manage their resources effectively, and achieve their financial goals.
Finance is a broad field that includes sub-disciplines such as corporate finance, personal finance, public finance, and behavioral finance. Understanding finance is essential for anyone who wants to make wise financial decisions, whether it's managing personal finances or running a business.
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According to Jeffrey Harper, why is market research important?
A Without research data to base decisions on, marketers are just guessing
B By researching, people know marketers care about them
C Data generated by research can be sold to make extra money
D Research is fun, easy and cheap so even if nothing is learned, the experience is good
Answers
Answer: The correct answer is A i.e. Without research data to base decisions on , marketers are just guessing .
Explanation: Market research involves gathering data to learn more about target demographics and consumers so a business can market itself more effectively and, ultimately, succeed in the market.
Harper is an assistant professor of practice in the area of marketing & supply chain. According to him research plays a very important role , without doing proper or required research marketers are just assuming which might prove to be very dangerous in future .
Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answers
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
True/False. Funds in a demand deposit account cannot be withdrawn without a 24-hour notice
Answers
False. Funds in a demand deposit account can be withdrawn without a 24-hour notice, as they are designed for immediate access and liquidity.
Demand deposit accounts (DDAs) allow for immediate withdrawals of funds that have been deposited there at any time. DDA accounts have the option, but not the obligation, to pay interest on the money deposited in them. Demand accounts for deposits (DDAs) often permit withdrawals with no advance notice; however, the term also includes accounts that need a notice period of no longer than six days. NOW accounts correspond to checking accounts where the money you put earns interest. The following amounts are what are kept in checking accounts. These deposits are also referred to as demand withdrawals or checkable deposits since the bank is required to give the deposit holder his money "on request" when a check or debit card transaction is made.
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Which component of table setting includes knives?
O A.
lunchware
OB.
flatware
O C.
steelware
OD.
dinnerware
O E.
drinkware
Answers
Answer:
Steelware I think
Explanation:
Tax Structure 1
Family
A
B
C
Income
$10,000
$50,000
$100,000
Tax amount
2,000
2,000
2,000
% of income paid as
tax
[a]
[b]
[C]
Answers
The percentage of income paid as tax for A is 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
What is tax?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
The percentage of income paid as tax for A is:
= 2000/10000 × 100
= 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
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What are the two main things that job design treats and considers when planning?
Answers
Answer: Hope this helps.
Explanation:
Job design is a process that companies use to create a new job or add duties to an existing job. This allows a company to more easily reach its goals by having more employees perform more tasks within the organization. Job design may involve developing a new position or simply adjusting the set of tasks that a current position encompasses.
Good job design accommodates employees’ mental and physical characteristics by paying attention to:
muscular energy such as work/rest schedules or pace of work, and
mental energy, such as boring versus complicated tasks.
allows for employee input; this means employees should have the option to vary activities according to personal needs, work habits, and the circumstances in the workplace,
gives an employee a sense of accomplishment,
Critically discuss the different financing options available for startup companies to raise equity.
Answers
Startup companies can consider options such as venture capital, angel investors, crowdfunding, ICOs/STOs, and accelerators/incubators to raise equity. The choice depends on factors like startup needs, stage, and goals.
Startup companies have several financing options available to raise equity, each with its own advantages and considerations.
Venture Capital (VC): VC firms provide funding in exchange for equity and often offer expertise and mentorship. However, VC funding can be highly competitive, and VCs typically expect a significant return on their investment.
Angel Investors: These individuals invest their own capital in startups in exchange for equity. Angel investors may offer valuable industry knowledge and connections, but their investments are usually smaller compared to VCs.
Crowdfunding: Platforms like Kickstarter and Indiegogo allow startups to raise funds from a large pool of individual investors. Crowdfunding can provide capital and market validation, but success relies on an effective marketing strategy and an appealing product or idea.
Initial Coin Offerings (ICOs) and Security Token Offerings (STOs): These fundraising methods involve issuing cryptocurrencies or digital tokens to investors. While ICOs and STOs can provide quick access to capital, they are subject to regulatory scrutiny and require compliance with securities laws.
Accelerators and Incubators: These programs provide funding, mentorship, and resources to startups in exchange for equity or a percentage of future revenue. They offer a structured environment for growth but may have a specific industry or geographic focus.
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In a sample of 56 tax returns filed by local hotel managers in a recent year, the taxable incomes are found to have a mean of $41225 and a population standard deviation of $6112. Construct the 99% confidence interval for the mean taxable income of all local hotel manager that year. Select one: a. 39255
Answers
To construct a 99% confidence interval for the mean taxable income of all local hotel managers in a recent year, we can use the following formula:
Confidence Interval = Sample Mean ± Z * (Population Standard Deviation / sqrt(Sample Size))
Given that the sample size is 56, the sample mean is $41,225, and the population standard deviation is $6,112, we need to find the value of Z for a 99% confidence level. Using a standard normal distribution table or calculator, we find that the Z-value corresponding to a 99% confidence level is approximately 2.58.
Plugging in the values, we have:
Confidence Interval = $41,225 ± 2.58 * ($6,112 / sqrt(56))
Calculating the expression inside the square root:
sqrt(56) ≈ 7.483
Substituting this value into the confidence interval formula:
Confidence Interval = $41,225 ± 2.58 * ($6,112 / 7.483)
Simplifying the expression:
Confidence Interval ≈ $41,225 ± $5,293.63
The 99% confidence interval for the mean taxable income of all local hotel managers in that year is approximately ($35,931.37, $46,518.63).
Therefore, the answer "a. $39,255" is incorrect. The correct answer is not provided among the options given.
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if the current rate of interest is 8%, then the present value of an investment that pays $1000 per year and lasts 20 years is closest to:
Answers
The present value of an investment that pays $1000 per year for 20 years at an interest rate of 8% is $13,679.89.
To calculate the present value, we first need to calculate the future value. The future value is the sum of all payments over the life of the investment, including interest. The future value of this investment can be calculated using the following formula:
FV = PV x (1 + r)^n Where PV is the present value, r is the interest rate, and n is the number of years. In this case, FV = $1000 x (1 + 0.08)^20 = $30,514.46.
Next, to calculate the present value, we must use the following formula:
PV = FV / (1 + r)^n
Where FV is the future value, r is the interest rate, and n is the number of years. In this case, PV = $30,514.46 / (1 + 0.08)^20 = $13,679.89.
Therefore, the present value of an investment that pays $1000 per year for 20 years at an interest rate of 8% is $13,679.89.
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There are more corporations in this country than any other business structure.
OTrue
O False
Answers
Answer:
O False
Explanation:
Corporations are independent legal entities that have commercial rights like individuals. They can acquire properties, incur debts, enter into contracts, sue, and be sued. The owners are its shareholders and enjoy limited liabilities to its debts. The corporation business structure is most complex to establish and run. Due to this reason, they are fewer in numbers compared to the other forms of business structures.
The sole proprietorship structure is the most common type of business ownership in the US. Of all business structures, the sole trader is the simplest to start and operate.
Shortages: Multiple choice question. generally occur after surpluses. are usually the product of price controls. typically cause prices to fall. are usually indicated by high prices.
Answers
Shortages are usually the product of price controls.
What is a shortage?
A shortage is when the quantity demanded exceeds the quantity supplied. This is because price is below equilibrium price. When there is a shortage, prices would rise until equilibrium price is reached.
Price control is when the government sets the maximum price of a good. It is usually set below equilibrium price. This leads to shortages.
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When you miss payments on a loan, creditors:
A. can charge excessively high interest on other customers to make
up the difference.
B. must accept the loss as simply part of doing business.
C. have the right to take measures to get their money back.
D. must declare bankruptcy on the loan, which damages their credit
score.
Answers
Answer:
C.
Explanation:
It's obviously not A, because that would lead to a corrupt society. It's not B either, because no one would pay if that were a policy, and it wouldn't be any different than giving out money for free.
C is correct. If a debtor misses payments on a loan, the creditor has the right to transfer the amount due plus interest to the next given payment. The next given payment will cost the debtor the amount due previously, plus interest (for being late), and the amount due that month.
For example, a debtor makes monthly payments of $1,000 to their creditor. If the debtor misses this month's payment (which equates to $1,000), the creditor has the right to move the amount due plus interest to next January.
Generally speaking, interest should be around 10% annually and broken down into monthly charges. So the annual interest rate would be $100, which makes the monthly interest rate $8.33. Next January, the debtor would pay the amount due previously ($1,000), plus interest ($8.33), and the amount due that month ($1,000).
The debtor will need to pay $2008.33 in January.
A lot of people might mistake D as the correct answer, but creditors don't have to declare bankruptcy.
The correct option is C. When you miss payments on a loan, creditors have the right to take measures to get their money back. Normally, the creditor will get in touch with you and let the credit bureaus know about the default.
Who is a creditor?A creditor is a company that extends credit, allowing another company to borrow money that will eventually be repaid. A company that offers goods or services but does not request payment upfront is also considered a creditor because the customer owes the company money for work already completed.
A creditor has a range of alternatives available to it to induce payment if you miss a payment or are unable to pay a debt, including using collection firms. Inability to pay a debt can still have negative effects, such as ruined credit scores and lawsuits, even though debtor's prison is a thing of the past.
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convertible bonds provide potential benefits only to the issue where
Answers
Convertible bonds provide potential benefits only to the issue and bondholders.
What are convertible bonds?A convertible bond is a hybrid security that combines the benefits of both debt and equity instruments. It is a bond that can be converted into a specified number of shares of the issuer's common stock at a pre-specified price at the holder's option.
Convertible bonds can be issued by corporations, municipalities, and governments. Investors who purchase convertible bonds benefit from the bond's fixed income characteristics, which provide a stable income stream, as well as the bond's conversion privilege, which allows the investor to convert the bond into a specified number of shares of the issuer's common stock. This provides an opportunity for investors to participate in the appreciation of the issuer's equity, which can result in a higher return on investment.
The issuer of convertible bonds also benefits from the security. This is because convertible bonds typically have a lower interest rate than traditional bonds since they come with an embedded option to convert the bond into equity. This allows the issuer to raise capital at a lower cost of capital than it would otherwise be able to do if it issued traditional bonds.
Convertible bonds also provide the issuer with the flexibility to retire the bonds through the issuance of equity, which can help to reduce its debt obligations.
Hence, convertible bonds provide potential benefits only to the issue and bondholders.
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A portion of a larger market with similar needs that are somewhat different from the larger market is known as a market:_______
a. segment.
b. outcome.
c. mix.
d. position.
Answers
A portion of a larger market with similar needs that are somewhat different from the larger market is known as a market: segment
Option A is correct.
What is a segment of the market?
The term market segment refers to people who are grouped together for marketing purposes. Market segments are part of a larger market, often lumping individuals together based on one or more similar characteristics.
Market segment :
Market segmentation creates subsets of a market based on demographics, needs, priorities, common interests, and other psychographic or behavioral criteria used to better understand the target audience. By understanding your market segments, you can leverage this targeting in product, sales, and marketing strategies.
MEANING OF MARKET SEGMENTATION :
Segmentation is a Marketing Strategy which involve dividing a broad target market into subset of Consumers, Businesses or countries who have common needs, interests and priorities and then designing and implementing strategies to target them.
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Roxanne is writing an email rejecting a customer’s refund claim for a faulty kitchen blender. Which statement makes a good buffer for Roxanne’s email?
A. We regret that we are not able to offer a replacement.
B. We are glad to hear from a loyal customer.
C. We have considered your request about the kitchen blender.
D. We see that you have used the blender for nine months.
E. We hope to continue serving you in the future with the best products.
Answers
The statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
What is an email?This is an electronic device, used for exchange of messages between a sender and a receiver. This device connects people together.
Hence, the statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
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The problem of bankruptcy is associated with overuse and misuse of credit in the
Answers
The issue of bankruptcy is linked to the overuse and misuse of credit in the part of financial planning. Financial planning is the process of thoroughly analyzing your financial situation and developing a customized financial plan to achieve your goals.
As a result, financial planning frequently covers a wide range of financial topics, including insurance, investing, taxes, savings, retirement, and more. Financial planning can include a wide range of services, which we outline below.
Instead than concentrating on just one area of your money, it sees clients as actual individuals with a range of objectives and duties. After that, it discusses a number of financial realities to determine how to help individuals live their lives to the fullest.
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25. what would you do if the expectations of your job were having a severely negative impact on your personal relationships?
Answers
The balance between a relationship and a career is important. If your partner dislikes your work and wants you to find something better, go for it even if you enjoy yours.
How could issues in personal connections affect interactions in the workplace?Personal issues between the pair may lead to tension, communication issues at work, or allegations of stalking or harassment. Employees may "take sides" in response to a public break-up, which could lead to stress throughout the entire organisation. By concentrating on employee work performance, these issues can be avoided.
What goals do you have for this position?My objectives for the company are for it to have a working environment where I can contribute to the team, get credit for my work, and provide
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Jarrah sells office supplies from a store in Sandusky, Ohio. He decides to hire a web developer to create a website for customers with the option to view and purchase office supplies. This example best describes the concept of ________, which is a(n) ________ force.
Answers
The instance best describes the concept of e-commerce, which is a technological force.
What is E-commerce?E-commerce is the purchasing and selling of products and services, as well as the transfer of payments or data, through an electronic network, most notably the internet.
These transactions might be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). In the above situation, the instance best describes e-commerce, which is a technical force.
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