Which of the Following Terms Is Synonymous with E-Commerce

question 59

Multiple Choice

Which of the following terms is synonymous with e-commerce?

• A)e-business
• B)digital commerce
• C)the Internet
• D)the Web

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Definitions:

Organizational Decision Making

The process by which choices are made within an organization, involving the selection of alternatives based on the assessment of objectives and options.

Satisficing

A decision-making strategy that entails searching through the available alternatives until an acceptability threshold is met, rather than seeking the best possible solution.

Bounded Rationality

A concept suggesting that individuals make decisions based on the limited information they have, constrained by their mental capacity and the time available.

Evidence-Based

An approach that involves making decisions or taking actions based on the systematic analysis of scientific evidence.