Sale/purchase of residential real estate as a type of business that is well suited to a combination of electronic and traditional commerce. In one paragraph, identify the elements of this service that would be best handled using traditional commerce, and explain why

Traditional commerce, rather than electronic commerce, can be a better way to sell items that rely on personal selling skills. For example, sales of commercial real estate involve large amounts of money and a high degree of interpersonal trust. Even if commercial real estate is listed online, it will usually require personal contact to negotiate the deal.

Business

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The budgeted income statement shows operating income and net income

Indicate whether the statement is true or false

Business

A common difficulty in the handling of many substitute goods or services is that _____

a. inventory turnover may increase b. one-stop shopping may not be promoted c. scrambled merchandising is achieved d. overall sales may not increase

Business