Which of the Following Statements Is True About E-Commerce

question 13

Multiple Choice

Which of the following statements is true about e-commerce?

• A) It results in an increase in inventory-carrying costs.
• B) It improves the flow of price data.
• C) It decreases market efficiency.
• D) It reduces sharing of consumer data.

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Definitions:

Buying

The action of purchasing goods or services.

T-Account

A graphic representation of a ledger account that is used in accounting to depict the effects of transactions on an account balance.

Mulch

A layer of material applied to the surface of soil to conserve moisture, improve fertility and health, reduce weed growth, and enhance visual appeal.