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Questions and Answers
What is a key benefit of e-commerce for sellers?
What is a key benefit of e-commerce for sellers?
- Limited product display options
- Need to rent or buy physical shop space
- Higher maintenance costs
- Ability to operate from home (correct)
How does e-commerce benefit buyers in terms of convenience?
How does e-commerce benefit buyers in terms of convenience?
- Ability to shop from home at any time (correct)
- Requirement to visit physical stores
- Increased prices for products
- Limited shopping hours
Why do transactions in e-commerce involve less paperwork?
Why do transactions in e-commerce involve less paperwork?
- Automation of processes (correct)
- Increased use of physical records
- Higher costs associated
- Manual processes involved
What contributes to better customer relations in e-commerce?
What contributes to better customer relations in e-commerce?
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Why do e-commerce transactions result in fewer errors?
Why do e-commerce transactions result in fewer errors?
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What financial advantage does e-commerce offer for sellers in terms of starting a business?
What financial advantage does e-commerce offer for sellers in terms of starting a business?
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