In Addition to B2B and B2C Transactions, E-Commerce Is Commonly

question 160

Multiple Choice

In addition to B2B and B2C transactions, e-commerce is commonly used in all of the following business activities except:

• A) supply chain management
• B) regulatory compliance management
• C) customer relationship management
• D) product life cycle management

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Definitions:

Indifference Curves

Graphical representations in economics to show combinations of two goods among which a consumer is indifferent in preference.

Budget Constraints

The limitations on the consumption choices of individuals or households based on their income and the prices of goods and services.

Optimum

The best or most favorable point, level, or condition, especially in terms of efficiency or success.

Indifference Curves

Graphical representations of different combinations of two goods between which a consumer is indifferent, showing preferences regarding consumption.