Electronic Commerce Refers to

question 150

Multiple Choice

Electronic commerce refers to

• A)commerce that involves the exchange of data or information through electronic communications sources, rather than a tangible product exchanged through traditional channels.
• B)any activity that uses some form of electronic communication in the inventory, exchange, advertisement, distribution, and payment of goods and services.
• C)an intra-firm communications network that allows business to connect offices anywhere in the world and allows them to operate simultaneously.
• D)an international financial exchange that automatically adjusts payments based on a minute-to-minute exchange rates, through the Internet.
• E)commerce that involves the exchange of data or information only with government departments.

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Definitions:

Heavy Border

A thick line used around the edges of an element in a document or screen to emphasize its boundary or to make it stand out.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.

Employee Well-being

The overall health, happiness, and satisfaction of employees at the workplace.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its performance and competitiveness.