Recent Developments in E-Commerce Include All of the Following Except

question 54

Multiple Choice

Recent developments in e-commerce include all of the following except

• A)small businesses continue to flood the e-commerce marketplace.
• B)social networking sites become a new platform for e-commerce.
• C)Internet-based models of computing,such as smartphone apps.
• D)the online demographic of shoppers broadens to match that of ordinary shoppers.
• E)social sharing e-commerce sites extend the market creator business model.

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Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the financial gain in excess of opportunity costs.

Brand Name

The name given to a product or service by its company to distinguish it from competitors' offerings, often protected as a trademark.

Total Market

The entire demand for a product or service within a particular industry, including all potential customers.

Differentiated Product

A product that is distinct from similar products offered by competitors due to unique features, branding, or quality.