All of the Following Statements About E-Commerce in the United

question 50

Multiple Choice

All of the following statements about e-commerce in the United States in 2018 are true except:

• A) social e-commerce generated more revenue than mobile e-commerce.
• B) mobile advertising accounted for over 70% of all digital advertising spending.
• C) on-demand service firms fueled the growth of local e-commerce.
• D) growth rates for retail e-commerce were higher in the Middle East than in the United States.

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Definitions:

Cash-Equivalent Value

The value of an asset that is easily convertible into a known amount of cash with minimal risk of change in value.

Business Activities

Operations, actions, and tasks that a company engages in as part of its economic operations, including production, sales, marketing, and finance.

Resources

Assets, materials, and inputs used by an organization to produce goods or services.

Net Assets

The total value of all assets minus the total value of all liabilities, representing the ownership interest of shareholders in a company.