Which of the Following Predictions About the Impact of E-Commerce

question 115

Multiple Choice

Which of the following predictions about the impact of e-commerce on traditional businesses is likely to be most accurate?

• A) E-commerce will have little impact on most traditional businesses, because only a few types of products can be sold effectively over the Internet.
• B) Traditional brick-and-mortar firms will enter the e-commerce market by creating their own web sites.
• C) E-commerce will prove to be very successful in competing against traditional firms in B2C markets, but will have much less success in B2B markets.
• D) Brick-and-mortar businesses will cease to exist within twenty years.

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Definitions:

Walking Rounds

A collaborative approach in healthcare where medical professionals conduct patient check-ups and discussions while moving from room to room.

Meaningful Use

Refers to a set of standards defined by the Centers for Medicare & Medicaid Services (CMS) that govern the use of electronic health records (EHRs) and allows eligible providers and hospitals to earn incentive payments by meeting specific criteria.

Computerized Information Systems

Systems that use computer technology to collect, store, manage, and interpret data for various purposes, including healthcare management.

Improves Quality

Enhances the standard or grade of a product, service, or life, often through measures that refine effectiveness, efficiency, or satisfaction.