BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Electronic conferencing is popular because it reduces travel expenses and saves money.
A
True
B
False
Explanation: 

Detailed explanation-1: -Video conferencing reduces the need for travel, which can cut down on time spent traveling and thus reduce travel expenses. It also minimizes the money spent on plane tickets, hotels, rental cars, taxis, and other related expenses.

Detailed explanation-2: -E-commerce mainly refers to computer technology as technical support to realize commodity trading activities. Second, the role of computer technology is to ensure a series of business behaviors such as information communication, logistics distribution, commodity release and promotion between e-commerce.

Detailed explanation-3: -M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets. M-commerce is a form of e-commerce that enables users to access online shopping platforms without the use of a desktop computer.

Detailed explanation-4: -Enterprise resource planning (ERP) may allow a firm to check on the status of any customer order for specific products. Mass-customization tends to reduce the volume in which companies produce. An application server, an e-mail server, and a print server are all computers that provide services shared by users.

Detailed explanation-5: -Consumer-to-Consumer (C2C) type e-commerce encompasses all electronic transactions of goods or services conducted between consumers. Generally, these transactions are conducted through a third party, which provides the online platform where the transactions are actually carried out.

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