![Horngren's Accounting, The Financial Chapters (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134486789/9780134486789_largeCoverImage.gif)
E-Commerce: Also known as electronic commerce e-commerce means making use of computers and internet technology to conduct business. Purchase, sale and all the other functions of business take place electronically. E-commerce can be consumer to consumer (C2C), business to business (B2B), consumer to business (C2B) and business to consumer (B2C).
Just in Time: Just in time is an inventory management method in which only that much inventory is maintained which is required for the production. No stock is held, thus reducing the carrying cost.
Enterprise Resource Planning: ERP helps in integration of organizational functions like sales, human resource, purchase etcetera. Nowadays ERP softwares have been developed to automate business processes.
Total Quality Management: It aims at achieving long term benefits by making the organization customer and process oriented, integrating the organizational activities and delivering the best quality of products and services.
To Identify: Match the statements with the given terms.
![Check Mark](/static/check-mark.png)
Want to see the full answer?
Check out a sample textbook solution![Blurred answer](/static/blurred-answer.jpg)
Chapter 18 Solutions
Horngren's Accounting, The Financial Chapters (12th Edition)
- Need step by step answerarrow_forwardBucket Corporation had the following income statement: Sales $53,000 Less: Variable costs $28,000 Contribution margin $25,000| Less: Fixed costs $16,000 Net income $9,000 Bucket's operating leverage isarrow_forwardWhat is the adjusting cost of goods sold for the year?arrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education
![Text book image](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)