Which of the Following Best Describes E-Commerce

question 182

Multiple Choice

Which of the following best describes e-commerce?

• A)a customer (consumer) experience requiring the Internet, cash, a shopping cart, and videos
• B)a business transaction that occurs over an electronic network such as the Internet
• C)the sale of electronic goods and services that enable an Internet connection
• D)a transaction between two businesses that are bartering and auctioning goods and services via secure telephonic connections

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Definitions:

Financial Deregulation

The process of removing or reducing government restrictions on financial markets and institutions, often with the intent to increase efficiency, competitiveness, and innovation in the financial sector.

European Banks

Financial institutions based in Europe, playing key roles in the global financial system through lending, investment, and other financial services.

Asian Nations

Refers to the countries located on the Asian continent, characterized by diverse cultures, languages, and economies.

Investment Products

Financial instruments such as stocks, bonds, mutual funds, and ETFs available for investors to buy, seeking to generate returns.