Which of the Following Is an Advantage of E-Business

question 54

Multiple Choice

Which of the following is an advantage of E-business?
(I) reduction of transaction costs
(II) shortened supply chain response time
(III) greater customer loyalty

• A) I
• B) II
• C) I and II
• D) II and III
• E) I, II, and III

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Definitions:

Engaging Consumers

The process of capturing the attention and interest of customers through various marketing and communication strategies to create a meaningful interaction.

Social Media Presence

The measure of how visible and active a brand or individual is on social media platforms.

Consistent

Referring to something that is uniform, stable, and doesn't vary significantly over time, ensuring reliability and predictability.

Reactive

Refers to a response or behavior that is made in reaction to an event or situation rather than initiating change proactively.