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Electronic Commerce and e-Business Overview

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Electronic Commerce and e-Business Overview

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Questions and Answers

What does e-Business refer to, according to the text?

Conducting all kinds of business online (correct)

Conducting only buying and selling transactions online

Conducting only intrabusiness activities online

Delivering e-learning online

How is e-commerce related to e-business, according to the text?

e-commerce is the same as e-business

e-commerce is a broader term than e-business

e-commerce is a subset of e-business (correct)

e-commerce is a complement of e-business

What is the broader definition of electronic commerce as per the text?

Conducting all kinds of business online except buying and selling (correct)

The broadest meaning of e-business

Using the Internet for purchasing and selling data

Only buying and selling of goods and services online

What do some people view e-business as comprising, according to the text?

Activities that do not involve buying or selling over the Internet Signup and view all the answers

Which term will be used interchangeably throughout the text, as mentioned in the passage?

E-business and commerce Signup and view all the answers

What does electronic commerce refer to?

Purchasing, selling, transporting, or trading data, goods, or services using the Internet and other networks Signup and view all the answers

What is the difference between pure and partial EC based on the activities mentioned in the text?

Pure EC involves only digital activities, while partial EC involves both digital and physical activities. Signup and view all the answers

What are purely physical organizations referred to as, according to the text?

Brick-and-mortar organizations Signup and view all the answers

What is cyberspace, as mentioned in the text?

The nonphysical environment where EC is conducted using computers and networks Signup and view all the answers

What is an extranet, as defined in the text?

A corporate or government internal network using Internet tools Signup and view all the answers

Which activity determines whether EC is considered pure or partial, according to the text?

Ordering and payments Signup and view all the answers

What are companies that are engaged only in EC considered as, according to the text?

Virtual organizations Signup and view all the answers

Which environment is described as the location where buyers and sellers conduct commercial transactions such as selling goods, services, or information?

Electronic market (e-marketplace) Signup and view all the answers

'Click-and-mortar' organizations are those that conduct which type of activities, as per the text?

Some EC activities as an additional marketing channel Signup and view all the answers

What do purely physical organizations refer to, as mentioned in the text?