COMPUTER FUNDAMENTALS

COMPUTER APPLICATIONS

E COMMERCE AND E BUSINESS APPLICATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is e-Commerce
A
Any type transaction, that involves the transfer of good and/or services across the Internet.
B
Any type of transaction that requires business to have a physical store
C
Business that are powered electrically
D
Electronic money such as credit cards, debit cards, Pay Pal, Apple Pay
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: -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). A B2B transaction is conducted between two companies, such as wholesalers and online retailers.

Detailed explanation-3: -Business-to-Consumer (B2C) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B)

Detailed explanation-4: -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).

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