E-Commerce Can Be Defined As

question 35

Multiple Choice

E-commerce can be defined as:

• A) digitally enabled commercial transactions between and among organizations and individuals.
• B) the use of digital technologies in a firm's daily activities.
• C) the digital enablement of transactions and processes within an organization.
• D) any electronically based organizational activity that supports a firm's market exchanges.

---

Definitions:

Relevant Range

The range of activity within which assumptions about variable and fixed cost behavior are valid.

Cost Behaviour

The way in which a cost changes or reacts in relation to changes in business activity levels.

Variable Selling Expenses

Sales-related costs that vary directly with the volume of sales, such as commissions and shipping charges.

Contribution Approach

An income statement format that organizes costs by their behavior. Costs are separated into variable and fixed categories rather than being separated according to organizational functions.