Which of the Following Statements Best Describes the Term "E-Commerce

question 23

Multiple Choice

Which of the following statements best describes the term "e-commerce?"

• A) It refers to an entire spectrum of companies that market products and services on the Internet and through other technology.
• B) It is a trade agreement entered into by the United States, Canada, and Mexico to help eliminate barriers to trade.
• C) It is a process by which employees are terminated or empty positions are left unfilled once someone leaves an organization.
• D) It refers to the group of companies operated by the federal government that sells products free of cost.

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Definitions:

Median

A statistical measure denoting the middle value in a data set, where half the numbers are above and half below.

Mean

A statistical measure that calculates the average value of a set of numbers by adding all the numbers together and dividing by the count of those numbers.

Mode

The value that appears most frequently in a given set of data.

Median

The middle value in a data set, which separates the higher half from the lower half.