5 Questions
What is the definition of e-commerce?
E-commerce is the buying and selling of goods or services via the internet, and the transfer of money and data to complete the sales.
What are some other names for e-commerce?
E-commerce is also known as electronic commerce or internet commerce.
What does e-commerce involve?
E-commerce involves the transaction of goods and services, the transfer of funds, and the exchange of data.
Can you provide an example of an e-commerce transaction?
Yes, when you log into your Amazon and purchase a book, this is a classic example of an e-commerce transaction.
What is the projected size of the e-commerce industry by the end of this decade?
The e-commerce industry is projected to be a $27 trillion industry by the end of this decade.
Test your knowledge on E-commerce with this quiz! Explore the meaning, benefits, and components of this popular form of online business. Challenge yourself and see how much you know about buying, selling, and transferring money and data in the digital marketplace.
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