10 Questions
What is e-commerce?
The activity of electronically buying or selling products on online services or over the Internet
What technologies does e-commerce draw on?
Mobile commerce, electronic funds transfer, and supply chain management
When was the term 'e-commerce' first coined and employed?
1984
Which industry drives e-commerce?
Semiconductor industry
What does e-commerce typically use the web for?
At least a part of a transaction's life cycle
What are the two primary markets for online auctions?
Business to business (B2B) and business to consumer (B2C)
Which online auction site is mentioned as the largest consumer-to-consumer platform?
eBay
What is the forecasted share of total global retail sales for B2C by 2024?
Nearly 22%
What term is used to describe an auction held over the internet?
Online auction
What caused the migration of virtually all transactions to digital according to the text?
COVID-19 pandemic
Test your knowledge of e-commerce with this quiz! Explore topics such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, and more. See how much you know about the world of online buying and selling.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
