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Questions and Answers
What is the primary focus of e-commerce?
What is the primary focus of e-commerce?
- Utilizing social media for customer engagement
- The transactional aspect of buying and selling (correct)
- Creating online marketing strategies
- Developing website design and user experience
Which of the following best describes the scope of e-commerce?
Which of the following best describes the scope of e-commerce?
- Covers buying and selling along with data and funds exchange (correct)
- Primarily focused on data analytics for offline businesses
- Involves both transactions and online advertising
- Exclusively concerns digital products like e-books
How does e-commerce facilitate the exchange of funds?
How does e-commerce facilitate the exchange of funds?
- By using physical currency transactions
- Through traditional banking systems only
- Via secure online payment gateways (correct)
- By relying solely on barter systems
Which statement is true regarding e-commerce?
Which statement is true regarding e-commerce?
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What aspect of e-commerce differs from traditional commerce?
What aspect of e-commerce differs from traditional commerce?
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Study Notes
E-commerce Overview
- E-commerce encompasses online transactions involving the buying and selling of goods and services.
- It includes the exchange of data or funds via the internet, facilitating commerce without physical interaction.
- The primary focus lies on the transactional aspects which drive business operations in the digital marketplace.
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