In the Context of the Technological Environment of Business, Which

question 8

Multiple Choice

In the context of the technological environment of business, which of the following statements is true of e-commerce?

• A) Connecting a business's digital networks with its suppliers results in an inefficient flow of goods.
• B) It has eliminated the individualized buying experience for consumers.
• C) Business-to-business selling comprises the vast majority of total e-commerce sales.
• D) It excludes the provision of consultation services through websites or online portals.

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Definitions:

Four-Year Term

A period often associated with the duration of certain elected offices or specific agreements, notably used to denote the length of a presidential term in many countries.

Federal Reserve Act

The 1913 U.S. legislation that established the Federal Reserve System as the central banking authority, responsible for monetary policy and oversight of banks.

Established

Refers to something that has been in existence for a long time and is accepted by many or most people.

Board of Governors

A governing body at the top of an organization or institution, such as the Federal Reserve, responsible for overseeing its operations and making key decisions.