E-Business (E-Commerce) Is the Use of Computer Networks to Purchase

question 71

True/False

E-business (e-commerce) is the use of computer networks to purchase, sell, or exchange products, service customers, and collaborate with partners.

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Definitions:

Flu Shots

Vaccinations that protect against the influenza virus, recommended annually to prevent the spread of the flu.

Public Good

An offering of goods or services to all society members without any profit, provided by either governmental bodies or private sectors.

Marginal Cost

The financial outlay for producing an additional unit of a product or service.

Public Good

A product or service that is made available to all members of a society, typically funded by the public sector, and is characterized by its non-excludability and non-rivalry.