BUSINESS ADMINISTRATION
COMPUTER APPLICATION IN BUSINESS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
E-Commerce
|
|
|
Electronic Money
|
|
|
Office Automation
|
Detailed explanation-1: -B2B stands for ‘business to business’ while B2C is ‘business to consumer’. B2B ecommerce utilises online platforms to sell products or services to other businesses. B2C ecommerce targets personal consumers.
Detailed explanation-2: -Ecommerce or electronic commerce is the trading of goods and services on the internet. It is your bustling city center or brick-and-mortar shop translated into zeroes and ones on the internet superhighway.
Detailed explanation-3: -There are three main types of e-commerce: business-to-business (websites such as Shopify), business-to-consumer (websites such as Amazon), and consumer-to-consumer (websites such as eBay).
Detailed explanation-4: -E-commerce refers to online transactions-buying and selling of goods and/or services over the Internet.