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Questions and Answers
What is the primary difference between Electronic Commerce and E-Business?
What is the primary difference between Electronic Commerce and E-Business?
- E-Business is a broader definition of Electronic Commerce, including all kinds of business online. (correct)
- E-Business is an offline extension of Electronic Commerce.
- Electronic Commerce is a subset of E-Business, focusing only on online transactions.
- E-Business is limited to buying and selling goods and services, while Electronic Commerce includes all aspects of business online.
What determines whether an Electronic Commerce transaction is classified as pure or partial?
What determines whether an Electronic Commerce transaction is classified as pure or partial?
- The type of product or service being sold
- The physical or digital nature of at least one major activity (correct)
- The number of digital dimensions involved in the transaction
- The geographic location of the buyer and seller
What is an electronic market (e-marketplace)?
What is an electronic market (e-marketplace)?
- A physical location where buyers and sellers meet to conduct transactions
- An online location where buyers and sellers conduct commercial transactions (correct)
- A private network for internal organizational transactions
- A type of online platform for buying and selling digital products
What is the main function of technical standards in the EC Framework?
What is the main function of technical standards in the EC Framework?
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What is the primary function of support services in EC?
What is the primary function of support services in EC?
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What is the primary purpose of marketing and advertising in EC?
What is the primary purpose of marketing and advertising in EC?
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What is an example of a pure Electronic Commerce transaction?
What is an example of a pure Electronic Commerce transaction?
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What is the connection between electronic markets and organizations?
What is the connection between electronic markets and organizations?
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What is the primary purpose of an extranet?
What is the primary purpose of an extranet?
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Which of the following is NOT a participant in the EC Framework?
Which of the following is NOT a participant in the EC Framework?
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