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Digital Business and E-commerce Management

Test your knowledge on the unique features of the Internet and Web as a commercial medium, as well as the concepts of e-commerce and digitally mediated information exchanges. Explore topics such as ubiquity, global reach, interactivity, and personalization in this quiz on digital business and e-commerce management.

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Questions and Answers

Which of the following is NOT a unique feature of the Internet and Web as a commercial medium?

Physical presence

What is the term for e-commerce transactions between a purchasing organization and its suppliers?

Buy-side e-commerce

What is the term for e-commerce transactions between a supplier organization and its customers?

Sell-side e-commerce

What is the annual growth rate of e-commerce sales in most countries?

<p>10-20%</p> Signup and view all the answers

What is digital business?

<p>All of the above</p> Signup and view all the answers

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Study Notes

E-commerce Fundamentals

  • One unique feature of the Internet and Web as a commercial medium is interactivity, which allows for two-way communication between the business and the customer.
  • Business-to-Business (B2B) e-commerce refers to e-commerce transactions between a purchasing organization and its suppliers.
  • Business-to-Consumer (B2C) e-commerce refers to e-commerce transactions between a supplier organization and its customers.
  • The annual growth rate of e-commerce sales in most countries is 15-20%.
  • Digital business refers to the use of digital technologies to create new or modify existing business models, and can include e-commerce, digital marketing, and digital communication.

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