COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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E-Commerce has the following characteristics:
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The internet is the main medium in the trade process or mechanism
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A transaction occurs between two parties
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There is an exchange of goods, services, or information
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All true
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Explanation:
Detailed explanation-1: -Answer with explanation: The correct answer is option c. Electronic commerce is defined as selling and purchasing goods and services using the internet.
Detailed explanation-2: -B2C (Business-to-consumer). B2C businesses sell directly to their end-users. B2B (Business-to-business). B2B2C (Business-to-business-to-consumer). B2G (Business-to-government). C2B (Consumer-to-business). D2C (Direct-to-consumer). C2C (Consumer-to-consumer).
Detailed explanation-3: -Ubiquity : E-commerce is widespread, that is, it is available everywhere always. Global Reach : Universal Standards : Interactivity : Information Density : Richness : Personalisation : 20-Jan-2021
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