Which of the Following Refers to the Purchase or Sale

question 68

Multiple Choice

Which of the following refers to the purchase or sale of goods and services over the Internet?

• A) E-commerce
• B) E-business
• C) CRM
• D) MIS
• E) SCM

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Definitions:

Import

The process of importing products or services from foreign countries for the purpose of selling them.

U.S. Tariff

A tax imposed by the United States government on imported goods to protect domestic industries or to generate revenue.

Oil

A fossil fuel in liquid form, primarily used for energy production and as a raw material in chemicals manufacturing.

Domestic Quantity

Refers to the total amount of a good or service produced within a country's borders, irrespective of the production entity's nationality.