E-Commerce Is a Broader Concept Than E-Business

question 66

True/False

E-commerce is a broader concept than e-business.

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Definitions:

One-Stop Shopping

A retail convenience concept where customers can meet all their buying needs in a single location, saving time and effort.

Specialty Outlet

A retail store that focuses on selling a specific category of products or services, often characterized by a high level of expertise and customer service.

Scrambled Merchandise Store

Retail outlets that carry a wide range of products outside of their traditional merchandise lines, expanding their offerings to increase foot traffic and sales.

General Merchandise Store

A retail establishment offering a wide range of products across different categories, typically without a specialty focus.