Understanding the Scope of e-Commerce
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Understanding the Scope of e-Commerce

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What is one of the key points mentioned about the range of processes in e-commerce?

  • It doesn't involve customer collaboration.
  • It excludes payment processes on e-commerce platforms.
  • It includes discovery, transaction processing, and customer service. (correct)
  • It involves only marketing activities.

    • How does e-commerce benefit businesses according to the text?

  • It creates geographical barriers for businesses.
  • It restricts access to global markets for small businesses.
  • It limits businesses to engage only locally.
  • It breaks geographical barriers and connects businesses globally. (correct)

    • What does global connectivity in e-commerce enable according to the text?

  • Only empowers large businesses to access global markets.
  • Makes businesses potential suppliers but not customers.
  • Limits individuals and businesses to local markets only.
  • Transcends physical boundaries, making all individuals and businesses potential customers and suppliers. (correct)

    • Which of the following is NOT mentioned as an advantage of e-commerce?

    <p>Creating geographical barriers for businesses</p> Signup and view all the answers

    What role does e-commerce play in reshaping traditional business paradigms?

    <p>Revolutionizing business processes and interactions</p> Signup and view all the answers

    How does e-commerce empower remote businesses according to the text?

    <p>By enabling them to access global markets with ease</p> Signup and view all the answers

    What is a distinguishing feature of Business-to-Consumer (B2C) E-Commerce?

    <p>Interactive order processing</p> Signup and view all the answers

    Which type of e-commerce allows direct interaction between consumers without traditional retail channels?

    <p>Consumer-to-Consumer (C2C)</p> Signup and view all the answers

    What is a common activity in Consumer-to-Consumer (C2C) E-Commerce?

    <p>Buying and selling among consumers</p> Signup and view all the answers

    Which element is NOT typically associated with Business-to-Consumer (B2C) E-Commerce?

    <p>In-person transactions</p> Signup and view all the answers

    What distinguishes Consumer-to-Consumer (C2C) E-Commerce from Business-to-Consumer (B2C) E-Commerce?

    <p>Direct interaction between consumers without traditional channels</p> Signup and view all the answers

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