E-commerce Overview Quiz

What is one of the primary characteristics of e-commerce?

• It requires a physical store.

• It is limited to desktop computers.

• It is only for large businesses.

• It involves buying and selling goods over the internet.

Which of the following is a major advantage of e-commerce for businesses?

• Limited customer reach

• Higher physical store maintenance costs

• Reduced overhead costs

• Restricted payment options

How does e-commerce benefit businesses in terms of customer reach?

• It allows global sales without a physical presence.

• It limits sales to local customers.

• It requires customers to visit a physical store.

• It restricts sales to specific time zones.

What is a significant challenge of operating an e-commerce business?

• Potential for website breakdowns

• Lack of competition

• No need for technical skills

• Instant delivery of physical products

Why might customers find e-commerce less appealing compared to physical stores?

• Instant product access

• Waiting time for product delivery

• No delivery charges

• Immediate product availability