What is Amortization? amortization
Amortization
The steady exclusion of a liability, such as a mortgage, in regular payments over a precise period of time. Such payments must be enough to cover both principal and interest.
BUSINESS USE OF THE INTERNET
BUSINESS USE OF THE INTERNET
This should give you a good idea of how versatile the internet is as an information technology platform on which to base a variety of business strategies. You could group the ways that companies are using the internet for business into a few major application categories.
1. Interactive marketing
Because of the internet, marketing a company and its products and services has become an interactive process. The internet and the web enable companies to create a dialog with customers through online discussion groups, bulletin board, electronic questionnaires, and mailing lists and E-mail exchanges. Thus customers can be interactively involved in the development marketing, sales and support of products and services, along with a company’s market researchers, product designers, marketing and sales staff, and support specialists.
2. E-Commerce
The internet, the World Wide Web, and internet-based technologies such...
