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Explain Why a Firm's Online Inventory Control System Is an Example

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Essay

Explain why a firm's online inventory control system is an example of e-business rather than e-commerce. What is the key factor in determining if a transaction is "commerce"?


Definitions:

Price/Value Formula

A strategy or equation used to determine the appropriate price of a product or service based on its value to the customer and the market demand.

Tropical Fish Displays

A setup intended for the keeping and showing of tropical fish in a controlled, aesthetically pleasing environment.

Waiting Area

A designated space where visitors or clients are received and can wait before their appointment or meeting.

Fish Tank

A fish tank is a transparent container made of glass or plastic that holds water and aquatic animals, often used for decorative or educational purposes.

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