Which of the Following Is Most Reflective of the True

question 13

Multiple Choice

Which of the following is most reflective of the true definition of ebusiness?

• A) any business activities carried out in electronic form
• B) the usage of electronic data interchange (EDI)
• C) the effective delivery of ecommerce via the internet
• D) the strategic use of technology to integrate business processes, applications, and organizational structure
• E) business conducted over the internet

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Definitions:

Borrow Money

The act of receiving funds from another party with the promise to return the principal amount along with potential interest.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with a particular responsibility, such as in a trustee-beneficiary or agent-principal relationship.

Personal Interests

Individual preferences, hobbies, or activities that a person finds enjoyable or important.

Apparent Authority

A situation in which a person appears to have the authorization to act on behalf of another entity, leading third parties to reasonably believe such authority exists.