When Developing an E-Commerce Presence, It Is Important to Understand

question 70

True/False

When developing an e-commerce presence, it is important to understand that the technology must drive business decisions, not the reverse.

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Definitions:

Import Quotas

Limits set by a government on the quantity of a certain good that can be imported into a country, used to protect domestic industries.

Tariffs

A tax imposed by a government on goods and services imported from other countries, affecting the price and availability of those items.

Foreign-Produced Automobiles

Cars and other types of vehicles that are manufactured outside of a country's borders and then imported for sale.

Domestic Price

The price of goods or services within a country's borders, exclusive of any tariffs, export fees, or import costs.