What Is a Plan That Details How a Company Creates

question 57

Multiple Choice

What is a plan that details how a company creates, delivers, and generates revenues on the Internet?

• A) Ebusiness
• B) Ebusiness model
• C) Ecommerce
• D) Ecommerce model

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Definitions:

Binomial Random Variable

A type of random variable that follows the binomial distribution, representing the number of successful outcomes in a fixed number of trials.

Binomial Experiment

A statistical experiment that satisfies four conditions: fixed number of trials, independent trials, only two possible outcomes, and constant probability of success.

Binomial Probability Distribution

A statistical distribution that describes the probability of a variable adopting one of two separate values, contingent upon certain parameters or suppositions.

Defective Bulbs

Refers to lightbulbs that fail to meet the quality standards or specifications and do not function as intended.