Environmental Commerce, or E-Commerce, Involves the Use of Electronic Means

question 77

True/False

Environmental commerce, or e-commerce, involves the use of electronic means to conduct business online.

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Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position.

Consumer Feedback

Opinions, inputs, and reactions provided by the consumers or end-users of a product or service, serving as valuable insight for companies to improve their offering.

Competitive Advantage

The unique features, resources, or positioning that allows an organization to outperform its competitors in the market, leading to greater sales or margins.

Product Attributes

Characteristics that define a product, such as quality, features, brand, and packaging, which influence consumer purchasing decisions.