Identify the Governments That Affect the Organization

question 57

Essay

Identify the governments that affect the organization.List some of the major laws and regulations affecting the business.

---

Definitions:

B2C

Business-to-Consumer, referring to the direct commercial transactions and relationships between businesses and end-users or consumers.

E-commerce

The buying and selling of goods and services over the internet.

Reverse Auctions

A type of auction where the roles of buyer and seller are reversed, with the buyer seeking to purchase goods or services and suppliers submitting decreasingly lower bids.

Prices

The sum of money anticipated, needed, or paid in exchange for something.