Identify the Eight Unique Features of E-Commerce Technology and Explain

question 6

Essay

Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.

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Definitions:

Unit Price

The price of a single unit of a product, used for comparison between different sizes or quantities.

Percent Increase

The percentage that represents the proportion of growth from the initial value to an increased amount.

Hourly Rate

The sum of money received for every hour worked.

Unit Price

The cost per single unit of an item or investment.