E commerce

What does the term "e-commerce" stand for?

• Economic Commerce

• Electronic Commerce

• Efficient Commerce

• Easy Commerce

In an e-commerce transaction, what is eliminated due to the electronic exchange of products or services?

• Mental exchange
• Virtual exchange
• Physical exchange
• Emotional exchange

What are the key elements of e-commerce?

• Social Media, Email, Mobile Apps

• Online Platforms, Digital Payment Systems, Secure Data Transmission

• Traditional Stores, Cash Transactions, Paper Catalogs

• Television Ads, Print Media, Radio

Which type of e-commerce involves transactions directly between businesses?

• P2P (Peer-to-Peer) e-commerce
• B2B (Business-to-Business) e-commerce
• B2C (Business-to-Consumer) e-commerce
• C2C (Consumer-to-Consumer) e-commerce

What was Amazon's initial focus when it started in 1995?

• Selling books online
• Selling groceries online
• Selling furniture online
• Selling cars online

Which era saw the dot-com boom and subsequent bust, prompting a reassessment of business models?

• Early 2000s and 2010s
• 1800s and 1900s
• Late 1990s and early 2000s
• 1950s and 1960s

What contributed to the growth of e-commerce in the 2000s-2010s according to the historical context?

• Decrease in internet access and technology advancements
• Inconvenience of online shopping and lack of technological progress
• Rise of traditional brick-and-mortar stores and decrease in internet usage
• Widespread adoption of internet access, advancements in technology, and the convenience of online shopping

What characterizes C2C e-commerce?

• Direct interaction between consumers
• Indirect interaction through a middleman
• No interaction between buyers and sellers
• Only interaction between businesses

What is the term for the retail fulfillment method where businesses don't keep products in stock?

• Traditional Online Stores

• Marketplaces

• dropshipping

• Subscription-Based Models

Which component of e-commerce involves facilitating the electronic transfer of money between buyers and sellers?

• Payment processing
• Inventory management
• Customer service
• Shipping logistics