The Organized Effort of Individuals to Produce and Sell,for a Profit,the

question 47

Multiple Choice

The organized effort of individuals to produce and sell,for a profit,the products and services that satisfy society's needs through the facilities available on the Internet is referred to as

• A) e-business.
• B) e-management.
• C) e-commerce.
• D) e-selling.
• E) e-shopping.

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Definitions:

Postindustrial Society

A phase of societal development characterized by the shift from manufacturing-based economies to service-oriented and knowledge-based activities.

Global Economic Restructuring

The ongoing transformation of the world economy, emphasizing shifts in industry, technology, and labor markets.

Assembly-Line Work

A manufacturing process in which parts are added to a product in a sequential manner using a combination of human labor and machinery to efficiently create a finished product.

Economic Restructuring

The process of transforming the economic organization of a society, often involving shifts in types of employment, modifications in trade patterns, and changes in the level of technological innovation.