The Last Major Step in Developing and E-Commerce Project Is

question 58

Multiple Choice

The last major step in developing and e-commerce project is:

• A)set a budget and time line.
• B)create the EC architecture.
• C)identify,justify,and plan the EC system.
• D)install,test,integrate and deploy the EC applications.

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Definitions:

Profit

The financial gain or surplus remaining after all operating expenses, taxes, and costs have been subtracted from total revenue.

Duopoly

A market structure dominated by two firms, often leading to strategic behaviors and outcomes different from those in more competitive markets.

Two Firms

Refers to a market situation often analyzed in oligopoly models where only two companies dominate the supply in the market.

Industry

A group of companies that operate in a specific sector of the economy, producing goods or services.