M-Commerce Is Defined as Any Electronic Transaction or Information Interaction

question 24

True/False

M-commerce is defined as any electronic transaction or information interaction conducted using a wireless,mobile device and mobile networks that leads to the transfer of real or perceived value in exchange for information,services,or goods.

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Definitions:

Coercive Force

Coercive force refers to the power or authority to enforce compliance or control through the use of threat, punishment, or force.

Political Goods

Political goods are benefits or services provided by governments or political entities that are not easily quantifiable, such as national security or public order.

Competitive Forces

Competitive forces refer to the various external pressures that businesses face in the market, including competition from other firms, the bargaining power of customers and suppliers, and the threat of substitutes.

Competitive Behavior

Actions taken by businesses to gain advantage over their competitors, often through pricing, innovation, or quality improvements.