A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.
Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.
What is E-commerce?
- E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
- These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
- E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
- The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.
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The option of becoming less ignorant and much more focused or thoughtful about your grammar.
Land, labor, capital, and entrepreneurship
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.
Answer:
Cost principle.
Explanation:
Cost or historical cost principle.
The assets, liabilities and equity must enter the accounting at their original purchase cost rather than current market value. This bulding, which is an asset was purchase for 500,000. Therefore, his cost is 500,000. It will be recorded at 500,000.
And will not increase for changes in the market value. Only at the moment of selling or disposal of the assets the accounting will recognzie a gain or loss.
