All of the Following Are Potential Benefits of B2B E-Commerce

question 53

Multiple Choice

All of the following are potential benefits of B2B e-commerce except:

• A) lower administrative costs.
• B) lower search costs.
• C) lower price transparency.
• D) lower transaction costs.

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Definitions:

Final Output

The total value of all goods and services produced and sold for final use in the economy, avoiding duplication by excluding intermediate goods.

Durable Goods

Items with a long life span, such as appliances and automobiles, that are used over time rather than consumed quickly.

Intermediate Good

A product utilized in the manufacture of a final good or finished product, not sold directly to end consumers.

Local Nursery

A place or business that specializes in growing and selling plants and trees for gardening and landscaping within a local area.