COMPUTER FUNDAMENTALS

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COMPUTER APPLICATIONS

E COMMERCE AND E BUSINESS APPLICATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This will only use the term “____“, because every business transaction finally is involved in selling or buying of products or services.
A
M-Commerce
B
E-Commerce
C
E-Business
D
None of the above
Explanation: 

Detailed explanation-1: -E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.

Detailed explanation-2: -E-business and e-commerce can be used interchangeably. However, e-commerce refers to conducting online transactions, while e-business encompasses all the business services and activities operated utilising the web.

Detailed explanation-3: -B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).

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