COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Availability, speed of access, lower cost are the benefits of e-commerce.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Speed of access. An e-commerce transaction can comprise a few clicks and take less than five minutes.
Detailed explanation-2: -Stock availability refers to knowing how much ecommerce inventory is in stock to meet customer demand. In today’s complex and dynamic retail environment, real-time stock availability management helps optimize inventory levels, reduce costs, and improve profitability.
Detailed explanation-3: -Reduced overhead costs. Running an e-commerce store is a lot more cost-effective than running a physical store. No need for a physical storefront. Ability to reach a broader audience. Scalability. Track logistics.
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