Internet-Based Commerce Is Called _________________________ and Includes Two Main Sectors

question 56

Essay

Internet-based commerce is called _________________________ and includes two main sectors: B2C (business-to-consumer) and B2B (business-to-business).

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Definitions:

Current Ratio

Current Ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

Contingent Liabilities

Potential liabilities that may or may not become actual liabilities, depending on the outcome of uncertain future events.

Environmental Awards

Recognitions given to individuals, organizations, or businesses for significant contributions to the preservation and sustainability of the environment.

EPA Fine

Penalties imposed by the Environmental Protection Agency for violations of environmental laws and regulations.