Even Though There Is a Considerable Amount of Attention Paid

question 119

Essay

Even though there is a considerable amount of attention paid to how e- commerce can be used to create new businesses or enhance current business models, why might some companies consciously choose not to engage in e- commerce?

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Definitions:

Ordinal

A scale of measurement where numbers represent ordered categories that have a meaningful sequence, but the intervals between the categories are not necessarily equal.

Ratio Scales

Ratio scales are a type of measurement scale that not only have order and equal intervals but also have a true zero point, allowing for the calculation of ratios.

"True" Zero

A point on a scale of measurement that represents a complete absence of the property being measured, as opposed to a mere baseline or reference point.

NOIR

A commonly used acronym in statistics that stands for Nominal, Ordinal, Interval, and Ratio - the four levels of measurement for variables.