Which Type of E-Commerce Is Distinguished by the Type of Technology

question 46

Multiple Choice

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

• A) consumer-to-consumer (C2C)
• B) social e-commerce
• C) mobile e-commerce
• D) business-to-business (B2B)

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Definitions:

Competitive Markets

Markets characterized by many buyers and sellers where no single participant can significantly influence the price of goods or services.

Externalities

Effects of a transaction or activity on third parties who are not directly involved, which can be either beneficial (positive externalities) or harmful (negative externalities).

Property Rights

Legal rights defining the ownership and use of resources including land, intellectual property, and personal assets.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.