Ecommerce Basics Quiz

The first ever online sale was recorded on August 11, 1994.

Ecommerce refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

E-business refers to all aspects of operating an online business, while ecommerce specifically refers to the transaction of goods and services.

<p>The projected global retail ecommerce sales by 2020 are $27 trillion.</p> Signup and view all the answers

<p>Independent freelancers, small businesses, and large corporations all benefit from ecommerce.</p> Signup and view all the answers

<p>E-business refers to all aspects of operating an online business, while ecommerce specifically refers to the transaction of goods and services.</p> Signup and view all the answers

<p>It marks the first example of a consumer purchasing a product from a business through the World Wide Web, which is commonly known as ecommerce today.</p> Signup and view all the answers

<p>Ecommerce has enabled businesses to sell their goods and services at a scale that was not possible with traditional offline retail.</p> Signup and view all the answers

<p>Ecommerce can also describe any kind of commercial transaction that is done through the internet.</p> Signup and view all the answers

<p>$27 trillion</p> Signup and view all the answers