What are the primary features of the information-based, content-based, and transaction-based models of e-commerce? Which of these offers the greatest business potential? Explain your answers.
Answer to relevant QuestionsWhat are some of the emerging options for making money in an Internet-based business? Which of these has the greatest potential for profits and long-term growth? Explain the purposes of the income statement and balance sheets?What questions do financial ratios help answer about a firm’s financial performance?Describe two ways for projecting a venture’s cash flows, and discuss when each is appropriate to use.Assume that you are starting a business for the first time. What do you believe are the greatest personal obstacles to obtaining funds for the new venture? Why?
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