Web 20 Differs from E -Commerce Because of Its Focus on on

question 110

Multiple Choice

Web 2.0 differs from e -commerce because of its focus on

• A)allowing consumers to purchase goods and services.
• B)providing services that can access large numbers of people.
• C)allowing new business models in the retail sector.
• D)allowing non -merchant companies to participate in web based business.
• E)creating new business models.

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Definitions:

Customer Value

The understanding of a product or service's value to a customer compared to other available options.

Profitability

The ability of a business to earn a profit, reflected in the difference between its revenue and expenses.

Throughput Accounting

A principle of accounting focusing on the rate at which a system generates money through sales, highlighting production efficiency.

Financial Measures

Quantitative indicators used to assess the financial health, performance, or position of a business entity.