Which of the Following Is True About E-Commerce

question 108

Multiple Choice

Which of the following is true about e-commerce?

• A) E-commerce results in an increase in inventory-carrying costs.
• B) E-commerce facilitates better measurement of price elasticity.
• C) E-commerce decreases market efficiency.
• D) E-commerce reduces the flow of price data.

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Definitions:

Productivity Measurement

The process of quantifying the efficiency and effectiveness of production.

Precise Units

Measurement or quantities described with accuracy and exactness, often in the context of manufacturing or science.

Workforce Size

The total number of employees, both full time and part time, engaged in an organization or available in the market.

Equipment Used

Equipment used refers to the tools, machinery, and devices employed in the execution of a specific task or operation.